New Issue: BofA sells $3.2 million 6.75% trigger callable yield notes on Dow, Russell

By Wendy Van Sickle

Columbus, Ohio, June 13 – BofA Finance LLC priced $3.2 million of 6.75% trigger callable yield notes due Sept. 12, 2023 linked to the performance of the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

Interest is payable monthly.

The notes are callable at par on any monthly coupon payment date after three months.

The payout at maturity will be par of $10 unless any index finishes below its 60% downside threshold level, in which case investors will lose 1% for each 1% decline of the worst performer from its initial level.

BofA Securities, Inc. and UBS Financial Services Inc. are the agents.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Trigger callable yield notes
Underlying indexes:	Dow Jones industrial average, Russell 2000 index
Amount:	$3.2 million
Maturity:	Sept. 12, 2023
Coupon:	6.75% per year, payable monthly
Price:	Par of $10
Payout at maturity:	Par unless any index finishes below downside threshold, in which case 1% loss for each 1% decline of worst performer from initial level
Call option:	At par monthly on any coupon date after three months
Initial levels:	33,180.14 for Dow, 1,919.563 for Russell
Downside thresholds:	19,908.08 for Dow, 1,151.738 for Russell; 60% of initial level
Pricing date:	June 7
Settlement date:	June 10
Underwriter:	BofA Securities, Inc. and UBS Financial Services Inc.
Fees:	1%
Cusip:	09710G510

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