New Issue: BofA prices $625,000 capped buffered enhanced return notes tied to S&P

By William Gullotti

Buffalo, N.Y., July 19 – BofA Finance LLC priced $625,000 of 0% capped buffered enhanced return notes due Dec. 16, 2025 linked to the S&P 500 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 200% of any gain in the index, up to the maximum redemption amount of par plus 22%.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline of the index beyond 10%.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Capped buffered enhanced return notes
Underlying index:	S&P 500 index
Amount:	$625,000
Maturity:	Dec. 16, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 22%; par if the index falls by 10% or less; otherwise, 1% loss per 1% decline beyond 10%
Initial level:	4,439.26
Buffer level:	3,995.33; 90% of initial level
Pricing date:	July 11
Settlement date:	July 13
Selling agent:	BofA Securities, Inc.
Fees:	2.75%
Cusip:	09711ABA5

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