Bank of America Corporation (BAC) has announced the pricing of its Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the EURO STOXX 50 Index, the Nasdaq-100 Technology Sector Index, and the Russell 2000 Index, due May 18, 2029. The notes, priced on May 15, 2024, will issue on May 20, 2024, with an approximate 5-year term, unless called prior to maturity. Payments on the notes are contingent on the performance of the individual indices, with a 10.00% per annum contingent coupon rate payable quarterly if each index's closing level on the applicable observation date is at or above 70.00% of its starting value. The notes are callable quarterly beginning November 20, 2024, at BofA Finance's option. If not called and an underlying index declines by more...Show More

Bank of America Corporation (BAC) has announced the pricing of its Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the EURO STOXX 50 Index, the Nasdaq-100 Technology Sector Index, and the Russell 2000 Index, due May 18, 2029. The notes, priced on May 15, 2024, will issue on May 20, 2024, with an approximate 5-year term, unless called prior to maturity. Payments on the notes are contingent on the performance of the individual indices, with a 10.00% per annum contingent coupon rate payable quarterly if each index's closing level on the applicable observation date is at or above 70.00% of its starting value. The notes are callable quarterly beginning November 20, 2024, at BofA Finance's option. If not called and an underlying index declines by more than 40% from its starting value, investors' principal is at risk at maturity. The notes are not FDIC insured, not bank guaranteed, and may lose value. They will not be listed on any securities exchange. The initial estimated value of the notes is $980.60 per $1,000.00 in principal amount, which is less than the public offering price. The offering includes a public offering price of $1,000.00 per note, an underwriting discount of $2.50 per note, and proceeds before expenses to BofA Finance of $997.50 per note, totaling $3,141,000.00 in aggregate. The notes are subject to the credit risk of BofA Finance as the issuer and BAC as the guarantor.