New Issue: BofA sells $20.20 million three-year Mitts on commodity futures basket

By Marisa Wong

Los Angeles, April 27 – BofA Finance LLC priced $20,202,140 of 0% Market Index Target-Term Securities due April 17, 2025 linked to a basket of four commodity futures contracts, according to a 424B2 filing with the Securities and Exchange Commission.

The basket is comprised of equal weights of the WTI crude oil futures contract, natural gas futures contract, corn futures contract and soybeans futures contract.

The notes are guaranteed by Bank of America Corp.

The payout at maturity will be par of $10 plus 135% of any basket gain.

If the basket falls, the payout will be par.

BofA Securities Inc. is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Market Index Target-Term Securities
Underlying basket:	WTI crude oil futures contract, natural gas futures contract, corn futures contract and soybeans futures contract, equally weighted
Amount:	$20,202,140
Maturity:	April 17, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 135% of any basket gain; if the basket falls, par
Initial prices:	$102.07 for crude oil, $6.534 for natural gas, $7.9300 for corn, $17.1600 for soybeans (closing prices on pricing date)
Initial basket level:	100
Final basket level:	Average of basket’s closing levels on five trading days ending April 14, 2025
Pricing date:	April 22
Settlement date:	April 29
Underwriter:	BofA Securities Inc.
Fees:	2.25%
Cusip:	09710F496

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