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Published on 10/18/2018 in the Prospect News Structured Products Daily.

BofA to price 17- to 20-month digital notes linked to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., Oct. 18 – BofA Finance LLC plans to price 0% digital notes with a term of 17 to 20 months linked to the Euro Stoxx 50 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 greater than or equal to negative 12.5%, the payout at maturity will be the threshold settlement amount, $1,119.70 to $1,140.40 per $1,000 principal amount.

Otherwise, investors will lose 1.14286% for every 1% that the index declines beyond 12.5%.

BofA Merrill Lynch is the agent.

The Cusip number is 09709TMN8.


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