New Issue: BofA prices $7.24 million capped buffered enhanced return notes tied to S&P

By William Gullotti

Buffalo, N.Y., Feb. 3 – BofA Finance LLC priced $7.24 million of 0% capped buffered enhanced return notes due Jan. 30, 2025 linked to 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 300% of any gain in the index, up to the maximum redemption amount of par plus 23.1%.

Investors will receive par if the index falls by up to 15% and will lose 1.17647% for each 1% decline of the index beyond 15%.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Capped buffered enhanced return notes
Underlying index:	S&P 500 index
Amount:	$7,244,000
Maturity:	Jan. 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 23.1%; par if the index falls by 15% or less; otherwise, 1.17647% loss per 1% decline beyond 15%
Initial level:	4,070.56
Buffer level:	3,459.98; 85% of initial levels
Pricing date:	Jan. 27
Settlement date:	Feb. 1
Selling agent:	BofA Securities, Inc.
Fees:	0.25%
Cusip:	09709VFP6

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