New Issue: BofA prices $6.1 million leveraged buffered notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Jan. 4 – BofA Finance LLC priced $6.1 million of 0% leveraged buffered notes due Feb. 7, 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.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum return of 9.18%. Investors will receive par if the index declines by 5% or less and will lose 1.052632% for every 1% that it may decline beyond 5%.

BofA Merrill Lynch is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged buffered notes
Underlying index:	S&P 500
Amount:	$6,101,000
Maturity:	Feb. 7, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.5 times index return, subject to 9.18% maximum return; par if index declines by 5% or less; 1.052632% loss for every 1% that index declines beyond 5%
Initial index level:	2,695.81
Pricing date:	Jan. 2
Settlement date:	Jan. 9
Underwriter:	BofA Merrill Lynch
Fees:	1.07%
Cusip:	09709TCR0

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