BofA plans 0% notes due 2021 linked to S&P 500 Daily Risk Control 10%

By Sarah Lizee

Olympia, Wash., Oct. 12 – BofA Finance LLC plans to price 0% notes due Oct. 29, 2021 linked to the S&P 500 Daily Risk Control 10% USD Excess Return 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 the index return.

If the index is flat or falls, investors will receive par.

BofA Merrill Lynch is the agent.

The notes (Cusip: 09709TKS9) will price on Oct. 26 and settle on Oct. 29.

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