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BofA Finance plans Accelerated Return Notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Oct. 21 – BofA Finance LLC plans to price 0% Accelerated Return Notes due December 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 300% of any index gain, subject to a maximum return that is expected to be 18% to 22% and will be set at pricing. Investors will be exposed to any index decline.
The notes will be guaranteed by Bank of America Corp.
BofA Securities Inc. is the agent.
The notes will price and settle in October.
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