New Issue: BofA Finance prices $15.53 million leveraged notes linked to Dow

By Angela McDaniels

Tacoma, Wash., Feb. 27 – BofA Finance LLC priced $15.53 million of 0% Leveraged Index Return Notes due Feb. 25, 2022 linked to 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 the index return is positive, the payout at maturity will be par of $10 plus 116.1% of the index return. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that it may decline beyond 20%.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged Index Return Notes
Underlying index:	Dow Jones industrial average
Amount:	$15,531,260
Maturity:	Feb. 25, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 116.1% of index return; par if index declines by 20% or less; 1% loss for every 1% that index may decline beyond 20%
Initial index level:	20,810.32
Threshold value:	16,648.26, 80% of initial level
Final index level: Average of index’s closing levels on five trading days ending Feb. 22, 2022
Pricing date:	Feb. 23
Settlement date:	March 2
Underwriter:	BofA Merrill Lynch
Fees:	2.5%
Cusip:	097096267

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