BofA Finance to price leveraged buffered notes linked to MSCI EAFE

By Sarah Lizee

Olympia, Wash., Aug. 16 – BofA Finance LLC intends to sell 0% leveraged buffered notes due in 17 to 20 months linked to the MSCI EAFE index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The exact maturity will be set at pricing.

If the index return is positive, the payout at maturity will be par plus 1.6 times the index return, subject to a cap that is expected to fall between $1,159.04 and $1,186.88 per $1,000 of notes and will be set at pricing.

Investors will receive par if the index declines by up to the 12.5% buffer and will lose 1.14286% for every 1% decline beyond the buffer.

BofA Merrill Lynch is the agent.

The Cusip is 09709TGA3.

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