share_log

424B2: Prospectus

SEC ·  Jun 27 04:50
Summary by Futu AI
Bank of America Corporation (BofA Finance) has announced the pricing of Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the Russell 2000 Index, the S&P 500 Index, and the Technology Select Sector SPDR Fund, due July 23, 2026. The Notes are expected to price on July 18, 2024, and issue on July 23, 2024, with an approximate 2-year term, unless called prior to maturity. The payments on the Notes will depend on the individual performance of the mentioned indices and fund. The Notes offer a contingent coupon rate of 10.00% per annum, payable monthly if certain conditions are met, and are callable monthly at BofA Finance's option beginning January 24, 2025. The Notes are subject to the credit risk of BofA Finance and Bank of America Corporation, will not be listed on any securities exchange, and have an initial estimated value expected to be between $920.00 and $970.00 per $1,000.00 in principal amount, which is less than the public offering price. The Notes involve risks detailed in the 'Risk Factors' section of the pricing supplement.
Bank of America Corporation (BofA Finance) has announced the pricing of Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the Russell 2000 Index, the S&P 500 Index, and the Technology Select Sector SPDR Fund, due July 23, 2026. The Notes are expected to price on July 18, 2024, and issue on July 23, 2024, with an approximate 2-year term, unless called prior to maturity. The payments on the Notes will depend on the individual performance of the mentioned indices and fund. The Notes offer a contingent coupon rate of 10.00% per annum, payable monthly if certain conditions are met, and are callable monthly at BofA Finance's option beginning January 24, 2025. The Notes are subject to the credit risk of BofA Finance and Bank of America Corporation, will not be listed on any securities exchange, and have an initial estimated value expected to be between $920.00 and $970.00 per $1,000.00 in principal amount, which is less than the public offering price. The Notes involve risks detailed in the 'Risk Factors' section of the pricing supplement.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.