BofA to price contingent income callable yield notes on three indexes

By Emma Trincal

New York, March 24 – BofA Finance LLC plans to price contingent income issuer callable yield notes due March 25, 2027 linked to the least performing of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The notes will pay a contingent coupon at a rate of 13.5% per year for each quarter that each index closes at or above 60% of initial level on the related observation date.

The notes are callable quarterly at par of $10 plus the contingent coupon, if any, beginning on Sept. 24.

If each index finishes at or above its downside threshold level, 60% of its initial level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline of the least-performing index from its initial level.

The agent is BofA Securities, Inc.

The notes will settle on March 25.

The Cusip number is 09709TE23.

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