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Published on 3/3/2020 in the Prospect News Structured Products Daily.

New Issue: BofA sells $901,000 enhanced return notes tied to Stoxx Global Select Dividend

By Marisa Wong

Los Angeles, March 3 – BofA Finance LLC priced $901,000 of 0% enhanced return notes due March 2, 2023 linked to the Stoxx Global Select Dividend 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If the index return is positive, the payout at maturity will be par plus 125% of any index gain. If the index return is negative, investors will be exposed to the decline, subject to a minimum payout of $950 per $1,000 principal amount of notes.

BofA Securities Inc. is the agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Enhanced return notes
Underlying index:Stoxx Global Select Dividend 100
Amount:$901,000
Maturity:March 2, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 125% of any index gain; exposure to first 5% of any index decline
Initial level:2,874.93
Pricing date:Feb. 25
Settlement date:Feb. 28
Agent:BofA Securities, Inc.
Fees:2.75%
Cusip:09709TZV6

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