New Issue: BofA sells $1.9 million enhanced return notes on S&P, Dow

By William Gullotti

Buffalo, N.Y., March 11 – BofA Finance LLC priced $1.9 million of 0% enhanced return notes due March 4, 2027 linked to the least performing of the S&P 500 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.

If both indexes gain, the payout at maturity will be par plus 1.325 times the index gain of the worst performer.

If either index declines by up to 25%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the worst performing index declines from its initial level.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Enhanced return notes
Underlying indexes:	S&P 500 index, Dow Jones industrial average
Amount:	$1,904,000
Maturity:	March 4, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.325 times any index gain of lesser performing index; if either index declines by up to 25%, par; otherwise, investors will lose 1% for every 1% the worst performing index declines from its initial level
Initial levels:	38,996.39 for Dow, 5,096.27 for S&P
Threshold levels:	29,247.29 for Dow, 3,822.2 for S&P; 75% of initial levels
Pricing date:	Feb. 29
Settlement date:	March 5
Selling agent:	BofA Securities, Inc.
Fees:	0.875%
Cusip:	09710PSJ6

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