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Published on 3/1/2022 in the Prospect News Structured Products Daily.

New Issue: BofA prices $9.24 million Accelerated Return Notes linked to stock basket

By William Gullotti

Buffalo, N.Y., March 1 – BofA Finance LLC priced $9.24 million of 0% Accelerated Return Notes due April 28, 2023 linked to an equally-weighted stock basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the stocks of Airbnb, Inc., Boeing Co. and Uber Technologies, Inc..

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 32.76%. Investors will be exposed to any basket decline.

The notes are guaranteed by Bank of America Corp.

BofA Securities, Inc. is the underwriter.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying stocks:Airbnb, Inc. (33.34% weight), Boeing Co. (33.33% weight), Uber Technologies, Inc. (33.33% weight)
Amount:$9,236,000
Maturity:April 28, 2023
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus three times any basket gain, up to a maximum return of 32.76%; investors will be fully exposed to any basket decline
Initial levels:$158.26 for Airbnb, $198.43 for Boeing, $34.87 for Uber
Pricing date:Feb. 24
Settlement date:March 3
Underwriter:BofA Securities, Inc.
Fees:1.75%
Cusip:09710F280

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