New Issue: BofA prices $7.65 million Accelerated Return Notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, June 28 – BofA Finance LLC priced $7.65 million of 0% Accelerated Return Notes due Aug. 31, 2018 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 triple any index gain, up to a maximum return of 10%.

Investors will lose 1% for each 1% decline.

BofA Merrill Lynch is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying index:	S&P 500
Amount:	$7,650,820
Maturity:	Aug. 31, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any index gain, return capped at 10%; 1% loss for each 1% decline
Initial level:	2,439.07
Final index level:	Average of index’s closing levels on five trading days ending Aug. 28, 2018
Pricing date:	June 26
Settlement date:	July 3
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	097096564

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