New Issue: BofA Finance sells $7.76 million leveraged buffered notes on basket

By Marisa Wong

Morgantown, W.Va., Dec. 13 – BofA Finance LLC priced $7.76 million of 0% leveraged buffered notes due Dec. 5, 2019 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 200% of any basket gain, up to a maximum settlement amount of $1,311 per $1,000 of notes.

Investors will receive par if the basket falls by 10% or less and will lose 1.1111% for every 1% decline in the basket beyond 10%.

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:	$7.76 million
Maturity:	Dec. 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 200% of gain, capped at $1,311 per $1,000 of notes; par if basket falls by up to 10%; 1.1111% loss for every 1% decline in basket beyond 10%
Initial levels:	3,527.55 for Euro Stoxx, 7,300.49 for FTSE, 1,796.53 for Topix, 9,274.55 for Swiss Market and 5,989.756 for S&P/ASX
Pricing date:	Dec. 1
Settlement date:	Dec. 8
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	09709TCK5

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