New Issue: BofA Finance prices $14.69 million accelerated return notes on S&P 500

By William Gullotti

Buffalo, N.Y., June 29 – BofA Finance LLC priced $14.69 million of 0% Accelerated Return Notes due Aug. 26, 2022 linked to the S&P 500 index, 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 of $10 plus triple any index gain, capped at par plus 10.01%.

Investors will be exposed to any index decline.

BofA Securities, Inc. is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying index:	S&P 500
Amount:	$14,694,420
Maturity:	Aug. 26, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 10.01%, full exposure to any index decline
Initial value:	4,266.49
Final level:	Average of index’s closing levels on five trading days ending Aug. 23, 2022
Pricing date:	June 24
Settlement date:	July 1
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	09710D467

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