Bank of America Corporation (BofA Finance) has announced the pricing of Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the Dow Jones Industrial Average, the Russell 2000 Index, and the S&P 500 Index, due July 24, 2028. The Notes are expected to price on July 19, 2024, and issue on July 24, 2024, with an approximate 4-year term, subject to quarterly calls at BofA Finance's discretion. Payments on the Notes are contingent on the performance of the specified indices and carry a 9.00% per annum coupon rate, payable quarterly if each index's closing level is at or above 75.00% of its Starting Value, assuming the Notes have not been called. The Notes carry downside exposure to the Least Performing Underlying, with up to...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 Dow Jones Industrial Average, the Russell 2000 Index, and the S&P 500 Index, due July 24, 2028. The Notes are expected to price on July 19, 2024, and issue on July 24, 2024, with an approximate 4-year term, subject to quarterly calls at BofA Finance's discretion. Payments on the Notes are contingent on the performance of the specified indices and carry a 9.00% per annum coupon rate, payable quarterly if each index's closing level is at or above 75.00% of its Starting Value, assuming the Notes have not been called. The Notes carry downside exposure to the Least Performing Underlying, with up to 100% of the principal at risk if any Underlying declines by more than 35% from its Starting Value. The Notes are not FDIC insured, not bank guaranteed, and may lose value. They will not be listed on any securities exchange. The initial estimated value of the Notes is expected to be between $934.10 and $974.10 per $1,000.00 in principal amount, which is less than the public offering price. The Notes are subject to the credit risk of BofA Finance and Bank of America Corporation, and all payments are dependent on their ability to pay their respective obligations. The offering is directed only to legal entities that are qualified investors, and it is not intended for retail investors in the EEA or the UK. The Notes are subject to U.S. federal income tax on Contingent Coupon Payments and potential capital gain or loss on sale or maturity.