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424B2: Prospectus

SEC announcement ·  Jun 28 05:28
Summary by Futu AI
Bank of America has announced the pricing of its Auto-Callable Enhanced Return Notes linked to the performance of the Dow Jones Industrial Average, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of June 30, 2027. The notes, priced on June 25, 2024, and set to issue on June 28, 2024, have an approximate term of 3 years, unless called prior to maturity. Payments on the notes depend on the individual performance of the mentioned indices. The notes will be automatically called if the value of each underlying index is equal or greater than its Call Value on the Call Observation Date, starting June 25, 2025. If not called, and the Ending Value of each underlying is greater than or equal to its Starting Value...Show More
Bank of America has announced the pricing of its Auto-Callable Enhanced Return Notes linked to the performance of the Dow Jones Industrial Average, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of June 30, 2027. The notes, priced on June 25, 2024, and set to issue on June 28, 2024, have an approximate term of 3 years, unless called prior to maturity. Payments on the notes depend on the individual performance of the mentioned indices. The notes will be automatically called if the value of each underlying index is equal or greater than its Call Value on the Call Observation Date, starting June 25, 2025. If not called, and the Ending Value of each underlying is greater than or equal to its Starting Value, investors will receive 115.00% exposure to the increase in value of the Least Performing Underlying at maturity. However, if any underlying index declines by more than 30% from its Starting Value, the investment will be subject to downside exposure, with up to 100% of the principal at risk. The notes, which will not pay periodic interest and will not be listed on any securities exchange, are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The initial estimated value of the notes is $956.60 per $1,000.00 in principal amount, which is less than the public offering price.

This announcement is a separate document:

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