New Issue: BofA Finance sells $1.8 million buffered digital return notes on three indexes

By William Gullotti

Buffalo, N.Y., April 4 – BofA Finance LLC priced $1.8 million of 0% buffered digital return notes due May 12, 2022 linked to the least performing of the S&P 500 index, the Nasdaq-100 index and the Russell 2000 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 plus 8.15% if the worst performer finishes at or above its 85% of its initial level.

Otherwise, investors will lose 1% for every 1% decline of the least-performing index beyond the 15% buffer.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Buffered digital return notes
Underlying indexes:	S&P 500, Nasdaq-100, Russell 2000
Amount:	$1.8 million
Maturity:	May 12, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 8.15% if least-performing index finishes at or above threshold level; otherwise, loss of 1% for every 1% decline of lesser-performing index beyond the 15% buffer
Initial levels:	4,192.66 for S&P, 13,799.72 for Nasdaq, 2,277.451 for Russell
Threshold levels:	3,563.76 for S&P, 11,729.76 for Nasdaq, 1,935.833 for Russell; 85% of initial levels
Pricing date:	May 3, 2021
Settlement date:	May 6, 2021
Selling agent:	BofA Securities, Inc.
Fees:	0.25%
Cusip:	09709UJS8

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