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BofA plans leveraged index return notes linked to Bloomberg Commodity
By Sarah Lizee
Olympia, Wash., Oct. 16 – BofA Finance LLC plans to price 0% leveraged index return notes due October 2022 linked to the Bloomberg Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Bank of America Corp.
The payout at maturity will be par plus 170% to 190% of any index gain.
Investors will be exposed to any losses.
BofA Merrill Lynch is the agent.
The notes will price in October and settle in November.
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