New Issue: BofA sells $37.36 million leveraged notes due 2020 on basket of indexes

By Sarah Lizee

Olympia, Wash., Dec. 10 – BofA Finance LLC priced $37.36 million of 0% leveraged notes due April 30, 2020 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 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% 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 500% of any basket gain, capped at $1,316.50 per $1,000 of notes.

Investors will be exposed to any losses.

The notes will be guaranteed by Bank of America Corp.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged notes
Basket components:	Euro Stoxx 50 (36% weight), Topix (27% weight), FTSE 100 (20% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$37,355,000
Maturity:	April 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 500% of gain, capped at $1,316.50 per $1,000 of notes; full exposure to losses
Initial levels:	3,173.13 for Euro Stoxx, 1,667.45 for Topix, 6,980.24 for FTSE, 9,037.76 for Swiss Market, 5,667.157 for S&P/ASX
Pricing date:	Nov. 30
Settlement date:	Dec. 7
Agent:	BofA Merrill Lynch
Fees:	1.47%
Cusip:	09709TMP3

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