BofA intends to price Leveraged Index Return notes tied to the Dow

By Devika Patel

Knoxville, Tenn., Dec. 5 – BofA Finance LLC will price 0% Leveraged Index Return Notes due December 2023 linked to the Dow Jones industrial average, 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 108.5% to 128.5% of the index return, with the exact participation rate to be set at pricing. Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond 20%.

BofA Merrill Lynch is the agent.

The notes will price and settle in December.

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