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424B2: Prospectus

SEC announcement ·  Jun 19 05:14
Summary by Futu AI
Bank of America Corporation (BofA) has announced the pricing of Enhanced Return Notes linked to the S&P 500 Futures Excess Return Index, due June 18, 2026. The Notes, priced on June 14, 2024, will be issued on June 20, 2024, with an approximate term of two years. The payment to investors will depend on the performance of the S&P 500 Futures Excess Return Index, with 155.00% upside exposure if the Index's Ending Value exceeds its Starting Value. However, if the Index declines by more than 25% from its Starting Value, investors' principal is 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 both BofA Finance LLC, the issuer, and Bank...Show More
Bank of America Corporation (BofA) has announced the pricing of Enhanced Return Notes linked to the S&P 500 Futures Excess Return Index, due June 18, 2026. The Notes, priced on June 14, 2024, will be issued on June 20, 2024, with an approximate term of two years. The payment to investors will depend on the performance of the S&P 500 Futures Excess Return Index, with 155.00% upside exposure if the Index's Ending Value exceeds its Starting Value. However, if the Index declines by more than 25% from its Starting Value, investors' principal is 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 both BofA Finance LLC, the issuer, and Bank of America Corporation, the guarantor. The initial estimated value of the Notes is $973.00 per $1,000.00 principal amount, which is below the public offering price. The Notes are identified by CUSIP No. 09711DVZ2 and involve certain risks detailed in the 'Risk Factors' section of the pricing supplement. The offering's underwriting discount and proceeds before expenses to BofA Finance are also disclosed. The Notes are not FDIC insured, not bank guaranteed, and may lose value.

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