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Published on 2/5/2020 in the Prospect News Structured Products Daily.

New Issue: BofA prices $772,000 enhanced return notes tied to Stoxx Global Select Dividend

By Wendy Van Sickle

Columbus, Ohio, Feb. 5 – BofA Finance LLC priced $772,000 of 0% enhanced return notes due Jan. 31, 2023 linked to the Stoxx Global Select Dividend 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 130% 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.

The notes will be guaranteed by Bank of America Corp.

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:$772,000
Maturity:Jan. 31, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 130% of any index gain; exposure to first 5% of any decline in index
Initial level:2,992.9
Pricing date:Jan. 28
Settlement date:Jan. 31
Agent:BofA Securities, Inc.
Fees:2.75%
Cusip:09709YU9

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