By Wendy Van Sickle
Columbus, Ohio, Sept. 28 – BofA Finance LLC priced $32.06 million of 0% Accelerated Return Notes due SNov. 26, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 16.8%.
Investors will be exposed to any index decline.
BofA Securities, Inc. is the underwriter.
The notes are guaranteed by Bank of America Corp.
| Issuer: | BofA Finance LLC
|
| Issue: | Accelerated return notes
|
| Underlying index: | S&P 500
|
| Amount: | $32,057,600
|
| Maturity: | Nov. 26, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain capped at 16.8%; exposure to any index decline
|
| Initial index level: | 3,246.59
|
| Pricing date: | Sept. 24
|
| Settlement date: | Oct. 1
|
| Agent: | BofA Securities, Inc.
|
| Fees: | 1.75%
|
| Cusip: | 09710C733
|
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