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424B2: Prospectus

SEC announcement ·  Jun 15 04:37
Summary by Futu AI
Bank of America Corporation (BofA Finance) has announced the pricing of its Auto-Callable Notes Linked to the Least Performing of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, due June 17, 2027. The notes, priced on June 12, 2024, will be issued on June 17, 2024, with an approximate term of 3 years, unless called prior to maturity. Payments on the notes will depend on the individual performance of the three indices. The notes are automatically callable annually, starting June 13, 2025, with the potential for investors to receive $1,270 per $1,000 in principal if the Ending Value of each underlying index is greater than or equal to its Starting Value at maturity. However, if any underlying index declines by more than 50% from its Starting Value, the...Show More
Bank of America Corporation (BofA Finance) has announced the pricing of its Auto-Callable Notes Linked to the Least Performing of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, due June 17, 2027. The notes, priced on June 12, 2024, will be issued on June 17, 2024, with an approximate term of 3 years, unless called prior to maturity. Payments on the notes will depend on the individual performance of the three indices. The notes are automatically callable annually, starting June 13, 2025, with the potential for investors to receive $1,270 per $1,000 in principal if the Ending Value of each underlying index is greater than or equal to its Starting Value at maturity. However, if any underlying index declines by more than 50% from its Starting Value, the investment will be subject to downside exposure, with up to 100% of the principal at risk. The notes, which will not pay periodic interest and will not be listed on any securities exchange, are subject to the credit risk of BofA Finance as the issuer and BAC as the guarantor. The initial estimated value of the notes is $958.60 per $1,000 in principal, which is less than the public offering price. The notes are intended for sale only to qualified investors and are not intended for retail investors in the EEA or the UK.

This announcement is a separate document:

Doc 1

Doc 2

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