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Published on 5/4/2021 in the Prospect News Structured Products Daily.

New Issue: BofA Finance sells $5.06 million enhanced return notes on S&P, Russell, Dow

By Wendy Van Sickle

Columbus, Ohio, May 4 – BofA Finance LLC priced $5.06 million of 0% enhanced return notes due April 21, 2026 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If both indexes gain, the payout at maturity will be par plus 1.625 times the index gain of the worst performer.

If either index declines by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the lesser performing index declines 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 indexes:S&P 500 index, Russell 2000 index and Dow Jones industrial average
Amount:$5,063,000
Maturity:April 21, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.625 times any index gain of lesser performing index; if either index declines by up to 30%, par; otherwise, investors will lose 1% for every 1% the lesser performing index declines from its initial level
Initial levels:34,200.67 for Dow, 4,185.47 for S&P, 2,262.67 for Russell
Threshold levels:23,940.47 for Dow, 2,929.83 for S&P, 1,583.869 for Russell, 70% of initial levels
Pricing date:April 16
Settlement date:April 21
Selling agent:BofA Securities, Inc.
Fees:1%
Cusip:09709UGQ5

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