New Issue: BofA Finance prices $7.34 million digital notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Feb. 10 – BofA Finance LLC priced $7.34 million of 0% digital index-linked notes due March 31, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 10%, the payout at maturity will be par plus 7.5%. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

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:	Digital index-linked notes
Underlying index:	S&P 500
Amount:	$7,341,000
Maturity:	March 31, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 10%, par plus 7.5%; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial level:	3,225.52
Pricing date:	Jan. 31
Settlement date:	Feb. 7
Underwriter:	BofA Securities, Inc.
Fees:	None
Cusip:	09709TZQ7

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