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424B2: Prospectus

SEC announcement ·  Jun 27 04:51
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 Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, due March 20, 2026. The Notes are expected to price on July 17, 2024, and issue on July 22, 2024, with an approximate 20-month term, unless called prior to maturity. Payments on the Notes will depend on the individual performance of the mentioned indices. The contingent coupon rate is set at 7.75% per annum, payable monthly if the closing level of each underlying index on the applicable observation date is greater than or equal to 70% of its starting value, assuming the Notes have not been called. The Notes, which will not be listed...Show More
Bank of America Corporation (BofA Finance) has announced the pricing of Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, due March 20, 2026. The Notes are expected to price on July 17, 2024, and issue on July 22, 2024, with an approximate 20-month term, unless called prior to maturity. Payments on the Notes will depend on the individual performance of the mentioned indices. The contingent coupon rate is set at 7.75% per annum, payable monthly if the closing level of each underlying index on the applicable observation date is greater than or equal to 70% of its starting value, assuming the Notes have not been called. The Notes, which will not be listed on any securities exchange, are subject to the credit risk of BofA Finance and Bank of America Corporation. 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 Notes are being offered to qualified investors and are not intended for retail investors in the EEA or the UK. The offering is subject to withholding taxes on any contingent coupon payments to non-U.S. holders, and the Notes may be subject to U.S. federal estate tax for non-U.S. individuals.

This announcement is a separate document:

Doc 1

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