New Issue: BofA prices $7 million autocallables linked to Euro Stoxx, S&P

By Angela McDaniels

Tacoma, Wash., June 2 – BofA Finance LLC priced $7 million of 0% autocallable notes due June 2, 2028 linked to the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 11.3% per year if each index closes at or above its initial level on any of four annual call observation dates.

The payout at maturity will be par plus 56.5% unless the lesser performing index’s final level is less than 70% of its initial level, in which case investors will be exposed to the decline of the lesser performing index.

The notes are guaranteed by Bank of America Corp.

BofA Securities, Inc. is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Autocallable notes
Underlying indexes:	Euro Stoxx 50 index and S&P 500 index
Amount:	$7 million
Maturity:	June 2, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 56.5% unless lesser performing index’s final level is less than 70% of initial level, in which case exposure to decline of lesser performing index
Call:	Automatically at par plus 11.3% per year if each index closes at or above initial level on any of four annual call observation dates
Initial levels:	4,269.64 for Euro Stoxx and 4,151.28 for S&P
Redemption barrier:	2,988.75 for Euro Stoxx and 2,905.90 for S&P, or 70% of initial levels
Strike date:	May 25
Pricing date:	May 30
Settlement date:	June 2
Agent:	BofA Securities, Inc.
Fees:	0.3%
Cusip:	09709VZM1

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