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Published on 10/30/2017 in the Prospect News Structured Products Daily.

New Issue: BofA prices $61.93 million Accelerated Return Notes tied to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Oct. 30 – BofA Finance LLC priced $61.93 million of 0% Accelerated Return Notes due Dec. 21, 2018 linked to the Euro Stoxx 50 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 17.7%. Investors will be exposed to any index decline.

BofA Merrill Lynch is the underwriter.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying index:Euro Stoxx 50
Amount:$61,927,610
Maturity:Dec. 21, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at 17.7%; exposure to any index decline
Initial index level:3,637.20
Final index level:Average of index’s closing levels on five trading days ending Dec. 18, 2018
Pricing date:Oct. 26
Settlement date:Nov. 2
Underwriters:BofA Merrill Lynch
Fees:2%
Cusip:097096820

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