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424B2: Prospectus

SEC announcement ·  Jun 15 04:43
Summary by Futu AI
Bank of America Corporation (BofA Finance) has announced the pricing of Auto-Callable Enhanced Return Notes linked to the performance of the Dow Jones Industrial Average, the Russell 2000 Index, and the S&P 500 Index. The notes, due June 30, 2027, are expected to price on June 25, 2024, and issue on June 28, 2024. These notes offer an approximate 3-year term and provide payment based on the individual performance of the mentioned indices. The notes will not pay periodic interest and will not be listed on any securities exchange. The initial estimated value of the notes is expected to be between $910.00 and $960.00 per $1,000.00 in principal amount, which is less than the public offering price. The actual value of the notes can fluctuate and cannot be predicted...Show More
Bank of America Corporation (BofA Finance) has announced the pricing of Auto-Callable Enhanced Return Notes linked to the performance of the Dow Jones Industrial Average, the Russell 2000 Index, and the S&P 500 Index. The notes, due June 30, 2027, are expected to price on June 25, 2024, and issue on June 28, 2024. These notes offer an approximate 3-year term and provide payment based on the individual performance of the mentioned indices. The notes will not pay periodic interest and will not be listed on any securities exchange. The initial estimated value of the notes is expected to be between $910.00 and $960.00 per $1,000.00 in principal amount, which is less than the public offering price. The actual value of the notes can fluctuate and cannot be predicted with accuracy. The notes are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The offering is not an offer to sell these notes in any jurisdiction where the offer would not be permitted. The notes are designed for investors who seek an enhanced return linked to the potential positive performance of the least performing index among the Dow Jones Industrial Average, the Russell 2000 Index, and the S&P 500 Index, and are willing to risk their principal and forgo current income and upside above a certain cap in exchange for the potential to receive a higher return than the return on a direct investment in the indices or in a standard debt security with a similar maturity.

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