New Issue: BofA prices $269,000 capped buffered enhanced return notes tied to S&P

By Kiku Steinfeld

Chicago, March 22 – BofA Finance LLC priced $269,000 of 0% capped buffered enhanced return notes due Jan. 6, 2025 linked to 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.

The payout at maturity will be par plus 150% of any index gain, capped at par plus 19%.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline of the index beyond 10%.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Capped buffered enhanced return notes
Underlying index:	S&P 500 index
Amount:	$269,000
Maturity:	Jan. 6, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at par plus 19%; par if the index falls by 10% or less; 1% loss per 1% decline beyond 10%
Initial level:	4,005.34
Buffer level:	4,450.38; 90% of initial level
Pricing date:	June 30, 2023
Settlement date:	July 6, 2023
Selling agent:	BofA Securities, Inc.
Fees:	0.7%
Cusip:	09709VZE9

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