By Susanna Moon
Chicago, July 13 – BofA Finance LLC priced $9.38 million of 0% Accelerated Return Notes due Aug. 31, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 18.18%.
Investors will be exposed to any losses.
The notes are guaranteed by Bank of America Corp.
BofA Merrill Lynch is the underwriter.
Issuer: | BofA Finance LLC
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Guarantor: | Bank of America Corp.
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Issue: | Accelerated Return Notes
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Underlying index: | Euro Stoxx 50
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Amount: | $9,381,800
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Maturity: | Aug. 31, 2018
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 300% of any index gain, return capped at 18.18%; 1% loss for each 1% decline
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Initial level: | 3,471.33
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Pricing date: | June 29
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Settlement date: | July 7
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Underwriter: | BofA Merrill Lynch
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Fees: | 2%
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Cusip: | 097096556
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