By Wendy Van Sickle
Columbus, Ohio, Sept. 20 – BofA Finance LLC priced $3.96 million of 0% leveraged notes due Sept. 16, 2022 linked to the Stoxx Global Select Dividend 100 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 positive, the payout at maturity will be par plus 1.91 times the index return.
If the index return is negative, investors will be exposed to the first 5% of any loss, with a minimum payout of 95% of par.
BofA Merrill Lynch is the agent.
| Issuer: | BofA Finance LLC
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| Guarantor: | Bank of America Corp.
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| Issue: | Leveraged notes
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| Underlying index: | Stoxx Global Select Dividend 100
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| Amount: | $3,959,000
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| Maturity: | Sept. 16, 2022
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| Coupon: | 0%
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| Price: | Par
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| Initial level: | 2,838.11
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| Payout at maturity: | Par plus 191% of any index gain; 1% loss per 1% decline up to 5% with minimum payout of 95% of par
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| Pricing date: | Sept. 13
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| Settlement date: | Sept. 18
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| Agent: | BofA Merrill Lynch
|
| Fees: | 2.5%
|
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| Cusip: | 09709TVC2
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