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Published on 10/28/2019 in the Prospect News Structured Products Daily.

New Issue: BofA prices $27.21 million Accelerated Return Notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 28 – BofA Finance LLC priced $27.21 million of 0% Accelerated Return Notes due Dec. 24, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 19.38%. Investors will be exposed to any index decline.

The notes are guaranteed by Bank of America Corp.

BofA Securities, Inc. is the underwriter.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying index:Euro Stoxx 50
Amount:$27,206,470
Maturity:Dec. 24, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at 19.38%; exposure to any index decline
Initial index level:3,621.37
Final index level:Average of index’s closing levels on five trading days ending Dec. 21, 2020
Pricing date:Oct. 24
Settlement date:Oct. 31
Underwriters:BofA Securities, Inc.
Fees:2%
Cusip:09710C295

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