New Issue: BofA prices $3.96 million leveraged buffered notes tied to index basket

By Susanna Moon

Chicago, Jan. 31 – BofA Finance LLC priced $3.96 million of 0% leveraged buffered notes due June 24, 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 FTSE 100 index with a 20% weight, the Topix index with a 27% 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 180% of any basket gain, up to a maximum settlement amount of $1,361.62 for each $1,000 principal amount.

Investors will receive par if the basket falls by up to 15% and will lose 1.17647% for each 1% drop beyond 15%.

The notes are guaranteed by Bank of America Corp.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged buffered notes
Underlying basket:	Euro Stoxx 50 index (36% weight), FTSE 100 index (20% weight), Topix index (27% weight), Swiss Market index (9% weight) and S&P/ASX 200 index (8% weight)
Amount:	$3,956,000
Maturity:	June 24, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.8 times any basket gain, capped at 36.162%; par if basket declines by up to 15%; 1.17647% loss per 1% decline beyond 15%
Initial levels:	3,134.92 for Stoxx, 6,968.33 for FTSE, 1,557.59 for Topix, 9,023.96 for Swiss Market and 5,879.594 for S&P/ASX
Barrier levels:	85% of initial level
Pricing date:	Jan. 18
Settlement date:	Jan. 28
Agent:	BofA Merrill Lynch
Fees:	None
Cusip:	09709TKH3

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