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Published on 11/13/2018 in the Prospect News Structured Products Daily.

BofA plans 0% five-year notes tied to S&P 500 Daily Risk Control 10%

By Susanna Moon

Chicago, Nov. 13 – BofA Finance LLC plans to price 0% notes due Nov. 30, 2023 linked to the S&P 500 Daily Risk Control 10% USD Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 125% to 130% of any index gain.

If the index is flat or falls, the payout will be par.

The notes are guaranteed by Bank of America Corp.

BofA Merrill Lynch is the agent.

The notes will price on Nov. 27.

The Cusip number is 09709TKK6.


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