New Issue: BofA prices $45,000 buffered digital return notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Jan. 9 – BofA Finance LLC priced $45,000 of 0% buffered digital return notes due June 5, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the threshold level, 90% of the initial index level, the payout at maturity will be par plus 9%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

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:	Buffered digital return notes
Underlying index:	S&P 500 index
Amount:	$45,000
Maturity:	June 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to threshold level, par plus 9%; otherwise, 1% loss for every 1% that index declines beyond 10%
Initial level:	4,169.48
Threshold level:	3,752.53, or 90% of initial level
Pricing date:	April 28, 2023
Settlement date:	May 3, 2023
Agent:	BofA Securities, Inc.
Fees:	0.675%
Cusip:	09709VR32

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