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Published on 2/27/2017 in the Prospect News Structured Products Daily.

New Issue: BofA prices $12.82 million leveraged notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Feb. 27 – BofA Finance LLC priced $12.82 million of 0% capped Leveraged Index Return Notes due Feb. 22, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return of 25.9%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it may decline beyond 10%.

BofA Merrill Lynch is the agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Capped Leveraged Index Return Notes
Underlying index:Euro Stoxx 50
Amount:$12,824,620
Maturity:Feb. 22, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 200% of index return, up to 25.9% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index may decline beyond 10%
Initial index level:3,333.96
Threshold value:3,000.56, 90% of initial level
Final index level: Average of index’s closing levels on five trading days ending Feb. 19, 2019
Pricing date:Feb. 23
Settlement date:March 2
Underwriter:BofA Merrill Lynch
Fees:2%
Cusip:097096275

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