New Issue: BofA prices $315,000 buffered enhanced return notes on S&P, Russell

By Kiku Steinfeld

Chicago, May 27 – BofA Finance LLC priced $315,000 of 0% buffered enhanced return notes due May 4, 2023 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If the lesser-performing index return is positive, the payout at maturity will be par plus 110% of the return. Investors will receive par if the lesser-performing index declines by 5% or less and will lose 1% for every 1% that the lesser-performing index declines beyond 5%.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Buffered enhanced return notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$315,000
Maturity:	May 4, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index return is positive, par plus 110% of lesser-performing index return; par if index declines by 5% or less; 1% loss for every 1% that lesser-performing index declines beyond 5%
Initial levels:	4,605.38 for S&P, 2,297.191for Russell
Buffer levels:	4,375.11 for S&P, 2,182.331 for Russell, or 95% of initial levels
Pricing date:	Oct. 29, 2021
Settlement date:	Nov. 3, 2021
Selling agent:	BofA Securities, Inc.
Fees:	0.5%
Cusip:	09709USY5

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