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