New Issue: BofA Finance prices $1.24 million participation notes linked to Stoxx Global Select Dividend 100

By Wendy Van Sickle

Columbus, Ohio, Nov. 1 – BofA Finance LLC priced $1.24 million of 0% participation notes due Nov. 2, 2021 linked to the Stoxx Global Select Dividend 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 117% of the index return. Otherwise, investors will lose 1% for every 1% that the index declines from its initial level, subject to a minimum payout of $950 per $1,000 principal amount.

The notes are guaranteed by Bank of America Corp.

BofA Securities Inc. is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Participation notes
Underlying index:	Stoxx Global Select Dividend 100
Amount:	$1,243,000
Maturity:	Nov. 2, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above initial level, par plus 117% of index return; otherwise, 1% loss for every 1% that index declines from initial level, subject to minimum payout of $950 per $1,000 principal amount
Initial level:	2,901.73
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Underwriter:	BofA Securities Inc.
Fees:	2.25%
Cusip:	09709TVP3

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