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424B2: Prospectus

SEC announcement ·  Jun 29 05:04
Summary by Futu AI
Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Auto-Callable Yield Notes, linked to the performance of the EURO STOXX 50 Index, the Russell 2000 Index, and the Utilities Select Sector SPDR Fund. The notes, due June 28, 2029, are set to price on June 26, 2024, and will issue on June 28, 2024. The notes offer a 7.50% per annum contingent coupon rate, payable quarterly if certain conditions are met. The notes are callable quarterly beginning June 26, 2025, and have downside exposure to the least performing underlying, with up to 100% of the principal at risk. Payments on the notes are subject to the credit risk of BofA Finance and BAC, and the notes will not be listed on any securities exchange. The initial estimated value of the notes is $942.10 per $1,000.00 in principal amount, which is less than the public offering price. The offering includes certain risk factors and is not FDIC insured, not bank guaranteed, and may lose value.
Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Auto-Callable Yield Notes, linked to the performance of the EURO STOXX 50 Index, the Russell 2000 Index, and the Utilities Select Sector SPDR Fund. The notes, due June 28, 2029, are set to price on June 26, 2024, and will issue on June 28, 2024. The notes offer a 7.50% per annum contingent coupon rate, payable quarterly if certain conditions are met. The notes are callable quarterly beginning June 26, 2025, and have downside exposure to the least performing underlying, with up to 100% of the principal at risk. Payments on the notes are subject to the credit risk of BofA Finance and BAC, and the notes will not be listed on any securities exchange. The initial estimated value of the notes is $942.10 per $1,000.00 in principal amount, which is less than the public offering price. The offering includes certain risk factors and is not FDIC insured, not bank guaranteed, and may lose value.

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