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Published on 2/15/2024 in the Prospect News Structured Products Daily.

New Issue: BofA prices $7.56 million dual directional buffered notes linked to S&P 500

New York, Feb. 15 – BofA Finance LLC priced $7.56 million of 0% dual directional buffered notes due Aug. 5, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus the index return, subject to a maximum return of par plus 15%.

The payout will be par plus the absolute value of the index return if the index declines by no more than 15%.

Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

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:Dual directional buffered notes
Underlying index:S&P 500 index
Amount:$7,558,000
Maturity:Aug. 5, 2025
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus index return, subject to a maximum return of par plus 15%; par plus absolute value of index return if index declines but finishes at or above 85% threshold value; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial level:4,845.65
Threshold value:4,118.80, 85% of initial level
Pricing date:Jan. 31
Settlement date:Feb. 5
Agent:BofA Securities, Inc.
Fees:0.7%
Cusip:09710PHN9

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