New Issue: BofA Finance sells $3.64 million enhanced return notes on S&P

By Kiku Steinfeld

Chicago, Oct. 10 – BofA Finance LLC priced $3.64 million of 0% enhanced return notes due Oct. 2, 2024 linked to the S&P 500 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 128% of any index gain.

If the index declines by up to 25%, the payout will be par.

Otherwise, investors will lose 1% for every 1% index the index declines from its initial level.

BofA Securities, Inc. is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Enhanced return notes
Underlying index:	S&P 500
Amount:	$3,636,000
Maturity:	Oct. 2, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 128% of any index gain; if index declines by up to 25%, par; otherwise, 1% loss for every 1% index from initial level
Initial level:	2,977.62
Threshold level:	2,233.22, 75% of initial index value
Pricing date:	Sept. 26
Settlement date:	Sept. 30
Agent:	BofA Securities, Inc.
Fees:	3.35%
Cusip:	09709TVU2

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