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Published on 12/6/2021 in the Prospect News Structured Products Daily.

New Issue: BofA Finance sells $1.12 million buffered digital return notes on S&P, Russell

Chicago, Dec. 6 – BofA Finance LLC priced $1.12 million of 0% buffered digital return notes due April 3, 2024 linked to the least performing of the S&P 500 index and Russell 2000 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 24% if the worst performer finishes at or above 90% of its initial level.

Otherwise, investors will lose 1% for every 1% decline of the lesser-performing index beyond the 10% buffer level.

BofA Securities, Inc. is the selling agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Buffered digital return notes
Underlying indexes:S&P 500 index, Russell 2000 index
Amount:$1,120,000
Maturity:April 3, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus 24% if lesser-performing index finishes at or above threshold level; otherwise, loss of 1% for every 1% decline of lesser-performing index beyond 10% buffer
Initial levels:3,971.09 for S&P, 2,158.682 for Russell
Threshold level:3,573.98 for S&P, 1,942.814 for Russell, 90% of initial levels
Pricing date:March 29
Settlement date:April 1
Selling agent:BofA Securities, Inc.
Fees:0.25%
Cusip:09709UFJ2

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