New Issue: BofA sells $2.4 million leveraged buffered notes on index basket

By Susanna Moon

Chicago, April 24 – BofA Finance LLC priced $2.4 million of 0% leveraged buffered notes due Dec. 19, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price 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 1.9 times any basket gain, up to a maximum settlement amount of $1,427.50 for each $1,000 principal amount.

Investors will receive par if the basket falls by up to 12.5% and will lose 1.142857% for each 1% decline beyond 12.5%.

The notes are guaranteed by Bank of America Corp.

BofA Merrill Lynch is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged buffered notes
Basket:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Tokyo Stock Price (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$5,382,000
Maturity:	Dec. 19, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.9 times any gain, capped at 42.75%; par if basket declines by 12.5% or less; 1.142857% loss per 1% decline beyond 12.5%
Initial levels:	3,477.91 for Stoxx, 7,226.05 for FTSE, 1,729.98 for Topix, 8,820.04 for Swiss and 5,841.547 for S&P/ASX
Pricing date:	April 17
Settlement date:	April 24
Underwriter:	BofA Merrill Lynch
Fees:	None
Cusip:	09709TEL1 / US09709TEL17

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