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424B2: Prospectus

SEC ·  Jun 27 05:10
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 July 22, 2027. The Notes are expected to price on July 19, 2024, and issue on July 24, 2024, with an approximate 3-year term, subject to being called. The payments on the Notes will depend on the individual performance of the mentioned indices. The Notes offer a contingent coupon rate of 8.30% per annum, payable semi-annually, provided certain conditions are met. The Notes, callable beginning January 24, 2025, are subject to the credit risk of BofA Finance and Bank of America Corporation. They will not be listed on any securities exchange and have...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 July 22, 2027. The Notes are expected to price on July 19, 2024, and issue on July 24, 2024, with an approximate 3-year term, subject to being called. The payments on the Notes will depend on the individual performance of the mentioned indices. The Notes offer a contingent coupon rate of 8.30% per annum, payable semi-annually, provided certain conditions are met. The Notes, callable beginning January 24, 2025, are subject to the credit risk of BofA Finance and Bank of America Corporation. They will not be listed on any securities exchange and have an initial estimated value expected to be between $937.80 and $977.80 per $1,000.00 in principal amount, which is less than the public offering price. The Notes are designed for investors who seek an investment linked to the performance of the specified indices and are willing to risk their principal and forgo market liquidity in exchange for the potential to receive semi-annual contingent income.

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