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Published on 5/11/2018 in the Prospect News Structured Products Daily.

New Issue: BofA prices $8.25 million leveraged basket-linked notes on indexes

By Wendy Van Sickle

Columbus, Ohio, May 11 – BofA Finance LLC priced $8.25 million of 0% leveraged notes due April 22, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The notes are guaranteed by Bank of America Corp.

If the basket return is positive, the payout at maturity will be par plus 3 times the basket return up to a 77.91% maximum return.

Investors will share in any losses.

BofA Merrill Lynch is the agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Leveraged notes
Underlying indexes:Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:$8,246,000
Maturity:April 22, 2020
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus 3 times the basket return, up to 77.91% maximum return; exposure to losses
Initial index levels:3,569.74 for Euro Stoxx 50, 7,662.52 for FTSE 100; 1,772.91 for Topix; 8,984.1 for Swiss Market; 6,108.024 for S&P/ASX 200
Pricing date:May 9
Settlement date:May 16
Agent:BofA Merrill Lynch
Fees:0%
Cusip:09709TEN7

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