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BofA Finance plans notes linked to Stoxx Global Select Dividend 100
By Angela McDaniels
Tacoma, Wash., Sept. 6 – BofA Finance LLC plans to price 0% leveraged notes due Sept. 16, 2022 linked to the Stoxx Global Select Dividend 100 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus at least 185% of the index return. The exact participation rate will be set at pricing.
If the final index level is less than the initial index level, investors will be exposed to the decline, subject to a minimum payout of $950 per $1,000 principal amount of notes.
The notes will be guaranteed by Bank of America Corp.
BofA Securities, Inc. is the agent.
The notes will price Sept. 13.
The Cusip number is 09709TVC2.
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