New Issue: BofA Finance prices $1.78 million leveraged buffered notes linked to S&P 500

By Sarah Lizee

Olympia, Wash., Feb. 28 – BofA Finance LLC priced $1.78 million of 0% leveraged buffered notes due April 22, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 130% of the index return, capped at $1,222.95 per $1,000 of notes. Investors will receive par if the index declines by 12.5% or less and will lose 1.14286% for every 1% that it declines beyond 12.5%.

The notes are guaranteed by Bank of America Corp.

BofA Securities Inc. is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged buffered notes
Underlying index:	S&P 500
Amount:	$1,777,000
Maturity:	April 22, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above initial level, par plus 130% of index return, capped at $1,222.95 per $1,000 of notes; par if index declines by 12.5% or less; 1.14286% loss for every 1% that index declines beyond 12.5%
Initial level:	3,337.75
Buffer level:	87.5% of initial level
Pricing date:	Feb. 21
Settlement date:	Feb. 28
Agent:	BofA Securities Inc.
Fees:	None
Cusip:	09709TA50

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