BofA to price 14-month capped Accelerated Return Notes tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Sept. 18 – BofA Finance LLC plans to price 0% Accelerated Return Notes due November 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 plus triple any index gain, up to a capped return of 10% to 14%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

The notes will price in September and settle in October.

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