New Issue: BofA prices $2.8 million contingent income issuer callable yield notes linked to S&P

New York, Sept. 8 – BofA Finance LLC priced $2.8 million of contingent income issuer callable yield notes due Sept. 4, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 9%, paid quarterly, if the underlying index closes at or above its 70% coupon barrier on the related quarterly observation date.

The securities may be called at par on any quarterly call date starting March 6, 2024.

If the index finishes at or above its 70% threshold value, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will lose 1% for every 1% that the index declines from initial level.

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:	Contingent income issuer callable yield notes
Underlying index:	S&P 500 index
Amount:	$2,795,000
Maturity:	Sept. 4, 2026
Coupon:	9%, paid quarterly, if the underlying index closes at or above its 70% coupon barrier on the related quarterly observation date
Price:	Par
Payout at maturity:	If index finishes at or above its 70% threshold value, par; otherwise, 1% loss for every 1% that index declines from initial level
Call option:	At par on any quarterly call date starting March 6, 2024
Initial level:	4,515.77
Downside threshold:	3,161.04, 70% of initial level
Coupon barrier:	3,161.04, 70% of initial level
Pricing date:	Sept. 1
Settlement date:	Sept. 7
Agent:	BofA Securities, Inc.
Fees:	0%
Cusip:	09711AJZ2

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