By William Gullotti
Buffalo, N.Y., Aug. 23 – BofA Finance LLC priced $4.5 million of 0% Leveraged Index Return Notes due Aug. 25, 2025 linked to the Bloomberg ex-Energy Subindex, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by Bank of America Corp.
The payout at maturity will be par of $10 plus 1.58 times any index gain.
Investors will be fully exposed to any index decline.
BofA Securities, Inc. is the agent.
Issuer: | BofA Finance LLC
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Guarantor: | Bank of America Corp.
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Issue: | Leveraged Index Return Notes
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Underlying index: | Bloomberg ex-Energy Subindex
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Amount: | $4.5 million
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Maturity: | Aug. 25, 2025
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 1.58 times any index gain; otherwise, full exposure to index decline
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Initial level: | 111.3969
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Pricing date: | Aug. 18
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Settlement date: | Aug. 25
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Agent: | BofA Securities, Inc.
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Fees: | 0.6%
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Cusip: | 09710F827
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