New Issue: BofA prices $635,000 buffered enhanced return notes linked to S&P 500

By Kiku Steinfeld

Chicago, June 19 – BofA Finance LLC priced $635,000 of 0% buffered enhanced return securities due Dec. 20, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index’s final level is greater than the initial level, the payout at maturity will be par plus 150% of the index return, capped at par plus 13.65%. Investors will receive par if the index declines by 15% or less and will lose 1 for every 1% that it may decline beyond 15%.

The notes are guaranteed by Bank of America Corp.

BofA Securities Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Buffered enhanced return securities
Underlying index:	S&P 500
Amount:	$635,000
Maturity:	Dec. 20, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index’s final level is greater than initial level, par plus 150% of index return, capped at par plus 13.65%; par if index declines by 15% or less; 1% loss for every 1% that index may decline beyond 15%
Initial level:	3,066.59
Buffer level:	2,606.60, or 85% of initial level
Pricing date:	June 15
Settlement date:	June 18
Selling agent:	BofA Securities, Inc.
Fees:	0.25%
Cusip:	09709TG54

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