New Issue: BofA prices $17.93 million Accelerated Return Notes on Stoxx

By Sarah Lizee

Olympia, Wash., July 30 – BofA Finance LLC priced $17.93 million of 0% Accelerated Return Notes due Sept. 25, 2020 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.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 21.62%. Investors will be exposed to any index decline.

BofA Securities, Inc. is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying index:	Euro Stoxx 50
Amount:	$17,931,140
Maturity:	Sept. 25, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 21.62%; exposure to any index decline
Initial index level:	3,510.15
Final index level:	Average of index’s closing levels on five trading days ending Sept. 22, 2020
Pricing date:	July 25
Settlement date:	Aug. 1
Underwriter:	BofA Securities, Inc.
Fees:	2%
Cusip:	097098867

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