Summary by Futu AI
Bank of America Corporation (BofA) has announced the pricing of its Capped Enhanced Return Notes linked to the common stock of Bristol-Myers Squibb Company, with a maturity date of December 31, 2026. The notes, which are due to be issued on June 28, 2024, offer investors exposure to the stock performance of Bristol-Myers Squibb, with a maximum return of 90.50%. The notes were priced on June 26, 2024, with an approximate term of 2.5 years, and the starting value was determined on June 25, 2024. Payments on the notes are contingent on the performance of Bristol-Myers Squibb's stock, with the potential for investors to receive up to 300.00% of any increase in the stock's value, subject to the capped return. If the stock's value declines...Show More