BofA aims to sell 0% notes due 2023 on S&P 500 Daily Risk Control 10%

By Devika Patel

Knoxville, Tenn., Sept. 19 – BofA Finance LLC plans to price 0% notes due March 28, 2023 linked to the S&P 500 Daily Risk Control 10% Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If the index return is positive, the payout at maturity will be par plus the index return.

If the index is flat or falls, investors will receive par.

BofA Merrill Lynch is the agent.

The notes (Cusip: 09709TGH8) will price on Sept. 25 and settle on Sept. 28.

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