New Issue: BofA Finance sells $6.5 million digital return notes on S&P, Russell

By William Gullotti

Buffalo, N.Y., Jan. 5 – BofA Finance LLC priced $6.5 million of 0% digital return notes due Dec. 30, 2022 linked to 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 6% if the worst performer finishes at or above its 68% threshold level.

Otherwise, investors will lose 1% for every 1% decline of the lesser-performing index from its initial level.

BofA Securities, Inc.is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Digital return notes
Underlying indexes:	S&P 500 and Russell 2000 index
Amount:	$6,499,000
Maturity:	Dec. 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 6% if lesser-performing index finishes at or above threshold level; otherwise, loss of 1% for every 1% decline of lesser-performing index from initial level
Initial levels:	4,701.46 for S&P, 2,331.459 for Russell
Threshold level:	3,196.99 for S&P, 1,585.392 for Russell, 68% of initial levels
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Selling agent:	BofA Securities, Inc.
Fees:	None
Cusip:	09709UVV7

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