By William Gullotti
Buffalo, N.Y., Aug. 23 – BofA Finance LLC priced $4.5 million of 0% Leveraged Index Return Notes due Aug. 25, 2025 linked to the Bloomberg ex-Energy Subindex, according to a 424B2 filed 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 1.58 times any index gain.
Investors will be fully exposed to any index decline.
BofA Securities, Inc. is the agent.
| Issuer: | BofA Finance LLC
|
| Guarantor: | Bank of America Corp.
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| Issue: | Leveraged Index Return Notes
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| Underlying index: | Bloomberg ex-Energy Subindex
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| Amount: | $4.5 million
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| Maturity: | Aug. 25, 2025
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| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 1.58 times any index gain; otherwise, full exposure to index decline
|
| Initial level: | 111.3969
|
| Pricing date: | Aug. 18
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| Settlement date: | Aug. 25
|
| Agent: | BofA Securities, Inc.
|
| Fees: | 0.6%
|
| Cusip: | 09710F827
|
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