New Issue: BofA Finance prices $9.52 million Accelerated Return Notes on S&P 500 index

By Wendy Van Sickle

Columbus, Ohio, May 3 – BofA Finance LLC priced $9.52 million of 0% Accelerated Return Notes due June 30, 2023 linked to 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.

The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum payout of par plus 17.56%.

Investors will be exposed to any index decline.

BofA Securities, Inc. is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying index:	S&P 500 index
Amount:	$9,522,730
Maturity:	June 30, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 17.56%; otherwise 1% loss for every 1% decline of index from initial value
Initial value:	4,287.5
Pricing date:	April 28
Settlement date:	May 5
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	09710F512

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