New Issue: BofA Finance sells $1.07 million buffered digital return notes on MSCI EM, S&P, Russell

By Kiku Steinfeld

Chicago, Oct. 4 – BofA Finance LLC priced $1.07 million of 0% buffered digital return notes due Oct. 2, 2020 linked to the MSCI Emerging Markets index, S&P 500 index and Russell 2000 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 8.25% if the worst performer finishes above 80% of its initial level.

If the index declines by up to 20%, the payout will be par.

Otherwise, investors will lose 1.25% for every 1% index decline beyond 20%.

BofA Merrill Lynch. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Buffered digital return notes
Underlying indexes:	MSCI Emerging Markets, S&P 500 and Russell 2000
Amount:	$1,065,000
Maturity:	Oct. 2, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 8.25%; if index declines by up to 20% if worst per, par; otherwise, loss of 1.25% for every 1% index decline beyond 20%
Initial levels:	$970.08 for EM, 2,924.58 for S&P, $1,496.720 for Russell
Threshold level:	$776.06 for EM, 2,339.66 for S&P, $1,197.376 for Russell, 80% of initial levels
Pricing date:	Aug. 29
Settlement date:	Sept. 4
Agent:	BofA Securities, Inc.
Selling agent:	BofA Merrill Lynch
Fees:	0.25%
Cusip:	09709TTV3

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