New Issue: BofA sells $3.9 million digital index-linked notes due 2021 on Stoxx

By Sarah Lizee

Olympia, Wash., Aug. 19 – BofA Finance LLC priced $3.9 million of 0% digital index-linked notes due Aug. 18, 2021 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 finishes at or above 85% of its initial level, the payout at maturity will be $1,144.50 for each $1,000 principal amount of notes.

Otherwise, investors will lose 1.17647% for each 1% decline beyond the 15% buffer.

BofA Securities, Inc. is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Digital index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$3,899,000
Maturity:	Aug. 18, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains or falls by up to 15%, par plus 14.45%; otherwise, 1.17647% loss per 1% decline beyond buffer
Initial level:	3,288.70
Pricing date:	Aug. 14
Settlement date:	Aug. 21
Agent:	BofA Securities, Inc.
Fees:	None
Cusip:	09709TTY7

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