New Issue: BofA sells $2.36 million capped airbag gears linked to S&P 500

By William Gullotti

Buffalo, N.Y., Dec. 22 – BofA Finance LLC priced $2.36 million of 0% capped airbag gears due Dec. 18, 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 of $10 plus 200% of any gain of the index, capped at par plus 24.2%.

If the index falls by up to 10%, the payout will be par. Otherwise, investors will lose 1.11% for every 1% that the index declines beyond 10%.

BofA Securities, Inc. and UBS Financial Services Inc. are the agents.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Capped airbag gears
Underlying index:	S&P 500 index
Amount:	$2,360,900
Maturity:	Dec. 18, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 24.2%; par if the index falls by up to 10%; otherwise, 1.11% loss for every 1% index decline beyond 10%
Initial level:	4,719.19
Downside threshold:	4,247.27; 90% of initial level
Pricing date:	Dec. 15
Settlement date:	Dec. 20
Agents:	BofA Securities, Inc. and UBS Financial Services Inc.
Fees:	None
Cusip:	09710M541

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