New Issue: BofA prices $11.24 million Accelerated Return Notes on index basket

By Sarah Lizee

Olympia, Wash., July 30 – BofA Finance LLC priced $11.24 million of 0% Accelerated Return Notes due Sept. 25, 2020 linked to a global equity basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The basket consists of the S&P 100 index with an initial weight of 70% and each of the Euro Stoxx 50 index, the Nikkei Stock Average index and the MSCI Emerging Markets index with an initial weight of 10%.

The payout at maturity will be par of $10 plus triple any basket gain, subject to a maximum return of 10.75%. Investors will be exposed to any basket decline.

BofA Securities, Inc. is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying basket:	S&P 100 index with an initial weight of 70% and each of the Euro Stoxx 50 index, the Nikkei Stock Average index and the MSCI Emerging Markets index with an initial weight of 10%
Amount:	$11,242,620
Maturity:	Sept. 25, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any basket gain, subject to a maximum return of 10.75%; full exposure to any basket decline
Initial index levels:	1,328.03 for S&P, 3,510.15 for Stoxx, 21,756.55 for Nikkei, 1,054.29 for EM
Pricing date:	July 25
Settlement date:	Aug. 1
Underwriters:	BofA Securities, Inc.
Fees:	2%
Cusip:	097098834

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