New Issue: BofA Finance prices $13.40 million leveraged buffered notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Oct. 19 – BofA Finance LLC priced $13,398,000 of 0% leveraged buffered notes due Aug. 30, 2019 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, up to a maximum settlement amount of $1,192.75 per $1,000 of notes.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged buffered notes
Underlying index:	S&P 500
Amount:	$13,398,000
Maturity:	Aug. 30, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 150% of any index gain, subject to $1,192.75 maximum settlement amount; par if index falls by up to 10%; 1.1111% loss for each 1% decline beyond 10%
Initial level:	2,559.36
Pricing date:	Oct. 17
Settlement date:	Oct. 24
Agent:	BofA Merrill Lynch
Fees:	None
Cusip:	09709TBN0

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