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

By Susanna Moon

Chicago, June 25 – BofA Finance LLC plans to price 0% Accelerated Return Notes due August 2019 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a capped return of 10% to 12%.

Investors will be exposed to any losses.

The notes are guaranteed by Bank of America Corp.

BofA Merrill Lynch is the agent.

The notes will price in June and settle in July.

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