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424B2: Prospectus

SEC announcement ·  Jun 28 05:29
Summary by Futu AI
Bank of America Corporation (BofA Finance) has announced the pricing of its Auto-Callable Notes Linked to the Least Performing of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the Russell 2000 Index, due June 30, 2027. The notes, priced on June 25, 2024, will be issued on June 28, 2024, with an approximate term of 3 years, unless called prior to maturity. Payments on the notes are contingent on the individual performance of the mentioned indices. The notes are automatically callable semi-annually post-June 25, 2025, if the Observation Value of each underlying index is equal to or greater than its Call Value. If not called prior to maturity, investors will receive a specified amount per $1,000 in principal if the Ending Value of each underlying index is...Show More
Bank of America Corporation (BofA Finance) has announced the pricing of its Auto-Callable Notes Linked to the Least Performing of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the Russell 2000 Index, due June 30, 2027. The notes, priced on June 25, 2024, will be issued on June 28, 2024, with an approximate term of 3 years, unless called prior to maturity. Payments on the notes are contingent on the individual performance of the mentioned indices. The notes are automatically callable semi-annually post-June 25, 2025, if the Observation Value of each underlying index is equal to or greater than its Call Value. If not called prior to maturity, investors will receive a specified amount per $1,000 in principal if the Ending Value of each underlying index is greater than or equal to 100% of its Starting Value. 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 and BAC. The initial estimated value of the notes is less than the public offering price. The offering includes certain risks detailed in the 'Risk Factors' section and involves complex tax considerations for investors.

This announcement is a separate document:

Doc 1

Doc 2

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