New Issue: BofA Finance sells $11.97 million leveraged buffered notes on basket

By Marisa Wong

Morgantown, W.Va., Nov. 10 – BofA Finance LLC priced $11.97 million of 0% leveraged buffered notes due Feb. 12, 2020 linked to a 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 includes the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 170% of any basket gain, up to a maximum settlement amount of $2,020 per $1,000 of notes.

Investors will receive par if the basket falls by 12.5% or less and will lose 1.142857% for every 1% decline in the basket beyond 12.5%.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged buffered notes
Basket components:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$11,966,000
Maturity:	Feb. 12, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 170% of gain, capped at $2,020 per $1,000 of notes; par if basket falls by up to 12.5%; 1.142857% loss for every 1% decline in basket beyond 12.5%
Initial levels:	3,658.77 for Euro Stoxx, 7,513.11 for FTSE, 1,813.29 for Topix, 9,220.16 for Swiss Market and 6,014.341 for S&P/ASX
Pricing date:	Nov. 7
Settlement date:	Nov. 14
Agent:	BofA Merrill Lynch
Fees:	None
Cusip:	09709TBX8

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