New Issue: BofA Finance sells $23.5 million leveraged notes tied to Russell 2000

By Sarah Lizee

Olympia, Wash., July 6 – BofA Finance LLC priced $23.5 million of 0% leveraged notes due Aug. 6, 2019 linked to the Russell 2000 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 maximum settlement amount of $1,159 for each $1,000 face amount.

Investors will be exposed to any losses.

The notes are guaranteed by Bank of America Corp.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged notes
Underlying index:	Russell 2000
Amount:	$23,495,000
Maturity:	Aug. 6, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 3 times index return, up to maximum return of 15.9%; full exposure to decline
Initial level:	1,655.086
Pricing date:	July 2
Settlement date:	July 10
Agent:	BofA Merrill Lynch
Fees:	1.08%
Cusip:	09709TFJ5

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