Summary by Futu AI
Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index, due June 11, 2027. The Notes are expected to price on July 8, 2024, and issue on July 11, 2024, with an approximate 3-year term, unless called prior to maturity. Payments on the Notes will depend on the individual performance of the specified indices and will include a contingent coupon rate of 8.00% per annum, payable monthly if the closing level of each underlying index on the applicable observation date is greater than or equal to 75.00% of its starting value. The Notes, which will not be listed on any securities...Show More