New Issue: BofA Finance prices $6.81 million digital return notes linked to S&P, Russell

By William Gullotti

Buffalo, N.Y., July 24 – BofA Finance LLC priced $6.81 million of 0% digital return notes due Aug. 26, 2024 linked to the performance of the Russell 2000 index and 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.

If the lowest performing index finishes at or above its 70% threshold level, the payout at maturity will be par plus 9.8%.

Otherwise, investors will be fully exposed to the decline of the lowest 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:	Russell 2000 index, S&P 500 index
Amount:	$6,812,000
Maturity:	Aug. 26, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 9.8% if lowest performing index finishes at or above threshold level; otherwise, loss of 1% for every 1% decline of lowest performing index from initial level
Initial levels:	4,565.72 for S&P, 1,984.886 for Russell
Threshold levels:	3,196.0 for S&P, 1,389.42 for Russell; 70% of initial levels
Pricing date:	July 19
Settlement date:	July 24
Selling agent:	BofA Securities, Inc.
Fees:	None
Cusip:	09711AC55

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