New Issue: BofA prices $1.03 million enhanced return notes on index, ETF basket

By Emma Trincal

New York, Nov. 27 – BofA Finance LLC priced $1.03 million of 0% enhanced return notes due Nov. 22, 2028 linked to an unequally-weighted basket consisting of the S&P 500 index with a 40% weight and the iShares Core U.S. Aggregate Bond ETF with a 60% weight, 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 plus 5.3 times any basket gain.

If the basket finishes at or above its barrier level, 70% of its initial level, the payout at maturity will be par.

Otherwise, investors will lose 1% for each 1% decline of the basket from its initial level.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Enhanced return notes
Underlying basket:	S&P 500 index (40% weight) and iShares Core U.S. Aggregate Bond ETF (60% weight)
Amount:	$1,032,000
Maturity:	Nov. 22, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes above its initial level, par plus 5.3 times the basket gain; if the basket finishes at or below initial level but at or above threshold level, par; otherwise, investors will be fully exposed to the basket decline from its initial level
Initial levels:	4,514.02 for S&P, 95.25 for ETF
Threshold level:	70% of initial level
Pricing date:	Nov. 17
Settlement date:	Nov. 22
Selling agent:	BofA Securities, Inc.
Underwriting fee:	0.6%
Cusip:	09710P7E0

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