share_log

424B2: Prospectus

SEC announcement ·  Jun 15 04:22
Summary by Futu AI
Bank of America Corporation (BofA Finance LLC), a subsidiary of Bank of America Corporation (BAC), has announced the issuance of $2,200,000 Trigger Autocallable Contingent Yield Notes linked to the performance of the EURO STOXX 50 Index and the S&P 500 Index, due June 15, 2029. The notes are senior unsecured obligations issued by BofA Finance and are fully and unconditionally guaranteed by BAC. The notes will pay a Contingent Coupon Payment on each quarterly Coupon Payment Date if the Current Underlying Level of the Least Performing Underlying is above its Coupon Barrier. If the Current Underlying Level is below the Coupon Barrier, no Contingent Coupon Payment will be made. The notes may be automatically called if the Current Underlying Level is above its Initial...Show More
Bank of America Corporation (BofA Finance LLC), a subsidiary of Bank of America Corporation (BAC), has announced the issuance of $2,200,000 Trigger Autocallable Contingent Yield Notes linked to the performance of the EURO STOXX 50 Index and the S&P 500 Index, due June 15, 2029. The notes are senior unsecured obligations issued by BofA Finance and are fully and unconditionally guaranteed by BAC. The notes will pay a Contingent Coupon Payment on each quarterly Coupon Payment Date if the Current Underlying Level of the Least Performing Underlying is above its Coupon Barrier. If the Current Underlying Level is below the Coupon Barrier, no Contingent Coupon Payment will be made. The notes may be automatically called if the Current Underlying Level is above its Initial Value, beginning six months after issuance. At maturity, the payout will depend on the Final Value of the Least Performing Underlying. If the Final Value is above the Downside Threshold, the Stated Principal Amount will be paid, but if it is below, investors will receive less than the Stated Principal Amount, potentially resulting in a loss up to the full investment. The notes involve significant risks, including the possibility of losing a substantial portion or all of the initial investment. The offering is subject to the creditworthiness of BofA Finance and BAC, and is not insured or guaranteed by any third party. The notes are not listed on any securities exchange and may have limited liquidity.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.