E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/5/2019 in the Prospect News Structured Products Daily.

New Issue: BofA prices $1.79 million notes on Euro Stoxx 50

Chicago, Sept. 5 – BofA Finance LLC priced $1.79 million of notes due March 2, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The payout at maturity will be par plus the return of the index if the final value of the index is positive.

Investors will be exposed to the losses of the final value of the index, subject to a minimum return of $950 per $1,000 principal amount of notes.

BofA Securities, Inc. is the agent.

Issuer:BofA Finance LLC
Issue:Notes
Underlier:Euro Stoxx 50
Amount:$1,786,000
Maturity:March 2, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus return of index; exposure to losses of index with minimum payout of $950 per $1,000 face value of notes
Initial level:3,370.47
Pricing date:Aug. 27
Settlement date:Aug. 30
Agent:BofA Securities, Inc.
Fees:3%
Cusip:09709TTC5

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.