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Published on 6/17/2019 in the Prospect News Structured Products Daily.

New Issue: BofA Finance prices $2.57 million leveraged buffered notes linked to MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, June 17 – BofA Finance LLC priced $2.57 million of 0% leveraged buffered notes due Aug. 12, 2021 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If the index finishes above its initial level, the payout at maturity will be par plus 170% of the index return, subject to a maximum return of 26.35%. Investors will receive par if the index declines by 15% or less and will lose 1.17647% for every 1% that it declines beyond 15%.

BofA Securities Inc. is the agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Leveraged buffered notes
Underlying index:MSCI EAFE
Amount:$2,568,000
Maturity:Aug. 12, 2021
Coupon:0%
Price:Par
Payout at maturity:If index finishes above initial level, par plus 170% of index return, subject to 26.35% maximum return; par if index declines by 15% or less; 1.17645% loss for every 1% that index declines beyond 15%
Initial index level:1,886.68
Pricing date:June 12
Settlement date:June 19
Agent:BofA Securities Inc.
Fees:0%
Cusip:09709TRH6

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