New Issue: BofA prices $187.82 million Accelerated Return Notes tied to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Aug. 8 – BofA Finance LLC priced $187.92 million of 0% Accelerated Return Notes due Sept. 27, 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 of $10 plus triple any index gain, up to a maximum return of 10.09%.

Investors will be exposed to any index decline.

BofA Merrill Lynch is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying index:	S&P 500
Amount:	$187,917,557
Maturity:	Sept. 27, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped 10.09%; exposure to any index decline
Initial index level:	2,837.44
Final index level:	Average of index’s closing levels on five trading days ending Sept. 24, 2019
Pricing date:	July 26
Settlement date:	Aug. 2
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	097097661

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