New Issue: BofA sells $23.58 million Leveraged Index Return Notes tied to the Dow

By Wendy Van Sickle

Columbus, Ohio, Dec. 28 – BofA Finance LLC priced $23.58 million of 0% Leveraged Index Return Notes due Dec. 22, 2023 linked to the Dow Jones industrial average, according to a 424B2 filed 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 plus 125.1% of the index gain.

Investors will receive par if the index falls by up to 20% and be exposed to any losses 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:	$23,577,030
Maturity:	Dec. 22, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is positive, par plus 125.1% of index gain; par if index falls by up to 20%; exposure to losses beyond 20%
Initial index level:	22,859.6
Threshold level:	18,287.68, 80% of initial level
Final index level:	Average of index’s closing levels on five trading days ending Dec. 19, 2023
Pricing date:	Dec. 20
Settlement date:	Dec. 28
Agent:	BofA Merrill Lynch
Fees:	2.5%
Cusip:	097098206

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