New Issue: BofA sells $340,000 enhanced return notes on Nasdaq, Russell, Dow

By Kiku Steinfeld

Chicago, Oct. 30 – BofA Finance LLC priced $340,000 of 0% enhanced return notes due April 5, 2028 linked to the least performing of the Nasdaq-100 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If both indexes gain, the payout at maturity will be par plus 1.75 times the index gain of the worst performer.

If either index declines by up to 30%, the payout will be par.

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

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Enhanced return notes
Underlying indexes:	Nasdaq-100 index, Russell 2000 index, Dow Jones industrial average
Amount:	$340,000
Maturity:	April 5, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.75 times any index gain of lesser performing index; if either index declines by up to 30%, par; otherwise, investors will lose 1% for every 1% the worst performing index declines from its initial level
Initial levels:	33,274.15 for Dow, 13,181.35 for Nasdaq, 1,802.484 for Russell
Threshold levels:	23,291.91 for Dow, 9,226.95 for Nasdaq, 1,261.739 for Russell, 70% of initial levels
Pricing date:	March 31, 2023
Settlement date:	April 5, 2023
Selling agent:	BofA Securities, Inc.
Fees:	1%
Cusip:	09709VNP7

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