New Issue: BofA prices $1.15 million capped buffered enhanced return notes tied to Russell, S&P

By William Gullotti

Buffalo, N.Y., July 16 – BofA Finance LLC priced $1.15 million of 0% capped buffered enhanced return notes due July 1, 2022 linked to 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 payout at maturity will be par plus 1.25 times any gain in the least performing index, up to a to the maximum redemption amount of par plus 15%.

Investors will receive par if any index falls by up to 10% and will lose 1% for each 1% decline of the least performing index 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 index:	Russell 2000 index, S&P 500 index
Amount:	$1,145,000
Maturity:	July 1, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any index gain in least performing index, capped at par plus 15%; par if any index falls by 10% or less; 1% loss per 1% decline of least performing index beyond 10%
Initial level:	4,200.88 for S&P, 2,273.073 for Russell
Buffer level:	3,780.79 for S&P, 2,045.766 for Russell; 90% of initial levels
Pricing date:	May 27
Settlement date:	June 2
Selling agent:	BofA Securities, Inc.
Fees:	0.675%
Cusip:	09709UJE9

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