New Issue: BofA sells $500,000 dual directional notes on S&P, Russell, Nasdaq

By Kiku Steinfeld

Chicago, May 17 – BofA Finance LLC priced $500,000 of 0% dual directional notes due April 30, 2026 linked to the least performing of the Nasdaq-100 index, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.08 times any gain in the least-performing index.

If the least-performing index falls by up to 30%, the payout will be par plus the absolute value of the return of that index.

Otherwise, investors will lose 1% for every 1% decline of the least-performing index.

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:	Dual directional notes
Underlying indexes:	Nasdaq-100 index, S&P 500 index and Russell 2000 index
Amount:	$500,000
Maturity:	April 30, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.08 times any gain in least-performing index; if least-performing index falls by up to 30%, par plus absolute value of return of that index; otherwise, exposure to losses of least-performing index
Initial levels:	4,186.72 for S&P, 13,960.28 for Nasdaq, 2,301.267 for Russell
Threshold levels:	2,930.70 for S&P, 9,772.20 for Nasdaq, 1,610.887 for Russell, 70% of initial levels
Pricing date:	April 27
Settlement date:	April 30
Selling agent:	BofA Securities, Inc.
Fees:	4.025%
Cusip:	09709UFE3

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