New Issue: BofA prices $4.27 million capped buffered enhanced return notes linked to S&P

By Wendy Van Sickle

Columbus, Ohio, Feb. 29 – BofA Finance LLC priced $4.27 million of 0% capped buffered enhanced return notes due Aug. 29, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of 14%.

If the final index level is less than or equal to the initial index level but greater than or equal to the threshold level, 90% of the initial index level, the payout will be par.

If the final index level is less than the threshold level, investors will lose 1% for every 1% that the index declines beyond 10%.

The notes are guaranteed by Bank of America Corp.

BofA Securities, Inc. is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Capped buffered enhanced return notes
Underlying index:	S&P 500 index
Amount:	$4,271,000
Maturity:	Aug. 29, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus 150% of index return, subject to maximum return of 14%; if final index level is less than or equal to initial index level but greater than or equal to threshold level, par; otherwise, 1% loss for every 1% that index declines beyond 10%
Initial level:	5,069.53
Threshold level:	4,562.58, or 90% of initial level
Pricing date:	Feb. 26
Settlement date:	Feb. 29
Agent:	BofA Securities, Inc.
Fees:	2.2%
Cusip:	09710PRP3

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