Summary by Futu AI
Bank of America Corporation (BofA Finance) has announced the pricing of its Auto-Callable Enhanced Return Notes, linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of July 31, 2028. The notes are expected to price on July 26, 2024, and issue on July 31, 2024. The notes offer an approximate 4-year term if not called prior to maturity, with payments dependent on the individual performance of the mentioned indices. The notes will not pay periodic interest and will not be listed on any securities exchange. The initial estimated value of the notes is expected to be between $905.00 and $955.00 per $1,000.00 principal amount, which is less than the public offering price. The notes are subject to...Show More