New Issue: BofA prices $1.52 million capped buffered enhanced return notes tied to index basket

By William Gullotti

Buffalo, N.Y., July 6 – BofA Finance LLC priced $1.52 million of 0% capped buffered enhanced return notes due Nov. 30, 2022 linked an unequally weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 50% weight, the Russell 2000 index with a 25% weight and the Euro Stoxx 50 index with a 25% weight.

The notes are guaranteed by Bank of America Corp.

The payout at maturity will be par plus double any gain in the basket, up to a to the maximum redemption amount of par plus 11%

Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Capped buffered enhanced return notes
Underlying basket:	S&P 500 index (50% weight), Russell 2000 index (25% weight), Euro Stoxx 50 index (25% weight)
Amount:	$1,524,000
Maturity:	Nov. 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any basket gain, capped at par plus 11%; par if basket falls by 10% or less; 1% loss per 1% decline beyond 10%
Initial levels:	4,188.13 for S&P, 2,205.75 for Russell, 4,036.04 for Stoxx
Buffer level:	90% of initial level
Pricing date:	May 25
Settlement date:	May 28
Selling agent:	BofA Securities, Inc.
Fees:	None
Cusip:	09709ULF3

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