New Issue: BofA sells $510,000 0% notes due 2022 linked to three stocks

By Wendy Van Sickle

Columbus, Ohio, May 28 – BofA Finance LLC priced $510,000 of 0% notes due May 26, 2022 linked to the worst performing of the common stocks of American Express Co. and Cisco Systems, Inc. and the class A common stock of Alphabet Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If each stock finishes at or above its initial level, the payout at maturity will be par plus the gain of the lesser-performing index, up to a 25% maximum gain.

Otherwise, the payout will be par.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Notes
Underlying stocks:	American Express Co., Cisco Systems, Inc. and Alphabet Inc.
Amount:	$510,000
Maturity:	May 26, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each stock finishes at or above initial level, par plus return of lesser performing stock up to a 25% maximum gain; otherwise, par
Initial value:	$120.01 for American Express, $55.69 for Cisco, $1,115.85 for Alphabet
Pricing date:	May 22
Settlement date:	May 28
Underwriter:	BofA Merrill Lynch
Fees:	3.35%
Cusip:	09709TSS1

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