share_log

424B2: Prospectus

SEC announcement ·  Jun 29 05:09
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 contingent coupon rate of 8.15% per annum, payable quarterly if certain conditions are met. The notes are callable quarterly beginning June 26, 2025, and have downside exposure if the least performing underlying declines by more than 30% from its starting value. Payments on the notes are subject to the credit risk of both BofA Finance and Bank of America Corporation. The notes will not be listed on any securities exchange and have an initial estimated value of $943.60 per $1,000.00 in principal amount, which is less than the public offering price.
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 contingent coupon rate of 8.15% per annum, payable quarterly if certain conditions are met. The notes are callable quarterly beginning June 26, 2025, and have downside exposure if the least performing underlying declines by more than 30% from its starting value. Payments on the notes are subject to the credit risk of both BofA Finance and Bank of America Corporation. The notes will not be listed on any securities exchange and have an initial estimated value of $943.60 per $1,000.00 in principal amount, which is less than the public offering price.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

Doc 2

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.