New Issue: BofA prices $9.24 million capped Leveraged Index Return Notes on Russell

By William Gullotti

Buffalo, N.Y., May 31 – BofA Finance LLC priced $9.24 million of 0% capped Leveraged Index Return Notes due May 30, 2025 linked to the Russell 2000 index, 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 200% of any index gain, subject to a maximum payout of par plus 25.31%.

If the index falls by up to 10%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline beyond 10%.

BofA Securities, Inc. is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Russell 2000 index
Amount:	$9,237,000
Maturity:	May 30, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 25.31%; if index falls by up to 10%, par; otherwise, 1% loss for every 1% index decline beyond 10%
Initial level:	1,754.605
Threshold level:	1,579.145; 90% of initial level
Pricing date:	May 25
Settlement date:	June 2
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	06054E614

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