Chicago, Sept. 30 – BofA Finance LLC priced $2.48 million of 0% leveraged notes due March 4, 2021 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 2 times the index return.
If the index return is negative, investors will be exposed to the first 10% of any loss, with a minimum payout of 90% of par.
BofA Securities Inc. is the agent.
| Issuer: | BofA Finance LLC
|
| Guarantor: | Bank of America Corp.
|
| Issue: | Leveraged notes
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| Underlying index: | Stoxx Global Select Dividend 100
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| Amount: | $2,479,000
|
| Maturity: | March 4, 2021
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| Coupon: | 0%
|
| Price: | Par
|
| Initial level: | 2,664.66
|
| Payout at maturity: | Par plus double any index gain; 1% loss per 1% decline up to 10% with minimum payout of 90% of par
|
| Pricing date: | Aug. 27
|
| Settlement date: | Aug. 30
|
| Agent: | BofA Securities Inc.
|
| Fees: | 2%
|
| Cusip: | 09709TTF8
|
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