Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of June 17, 2026. The notes, priced on June 12, 2024, and issued on June 17, 2024, have an approximate 2-year term, subject to being called earlier. Payments on the notes depend on the individual performance of the indices, with a contingent coupon rate of 10.25% per annum payable monthly if the closing level of each index is at or above 70% of its starting value, assuming the notes have not been called. The notes are callable monthly beginning September 17, 2024, at the issuer's option. If any index...Show More

Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of June 17, 2026. The notes, priced on June 12, 2024, and issued on June 17, 2024, have an approximate 2-year term, subject to being called earlier. Payments on the notes depend on the individual performance of the indices, with a contingent coupon rate of 10.25% per annum payable monthly if the closing level of each index is at or above 70% of its starting value, assuming the notes have not been called. The notes are callable monthly beginning September 17, 2024, at the issuer's option. If any index declines by more than 30% from its starting value at maturity, investors' principal is at risk. The notes are not listed on any securities exchange and all payments are subject to the credit risk of BofA Finance and Bank of America Corporation. The initial estimated value of the notes is $984.20 per $1,000.00 in principal amount, which is less than the public offering price.