New Issue: BofA sells $600,000 dual directional notes on Stoxx indexes

By Kiku Steinfeld

Chicago, Nov. 29 – BofA Finance LLC priced $600,000 of 0% dual directional notes due Feb. 26, 2027 linked to the least performing of the Euro Stoxx 50 index, the Euro Stoxx Select Dividend 30 index and the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the least-performing index.

If the least-performing index falls by up to 50%, the payout will be par plus the 1.5 times the absolute value of the return of that index.

Otherwise, investors will lose 1% for every 1% decline of the least-performing index from its initial level.

The notes are guaranteed by Bank of America Corp.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Dual directional notes
Underlying indexes:	Euro Stoxx 50 index, Euro Stoxx Select Dividend 30 index and Stoxx Europe 600 index
Amount:	$600,000
Maturity:	Feb. 26, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain in least-performing index; if least-performing index falls by up to 50%, par plus 1.5 times the absolute value of return of that index; otherwise, exposure to losses of least-performing index
Initial levels:	3,867.73 for Stoxx 50, 453.55 for Europe, 1,748.67 for Select Dividend
Threshold levels:	1,933.87 for Stoxx 50, 226.78 for Europe, 874.34 for Select Dividend; 50% of initial levels
Pricing date:	March 25, 2022
Settlement date:	March 30, 2022
Selling agent:	BofA Securities, Inc.
Fees:	0.9%
Cusip:	09709UK49

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