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424B2: Prospectus

SEC announcement ·  Jun 29 05:14
Summary by Futu AI
Bank of America Corporation (BofA) has announced the issuance of $9,384,950 Trigger Autocallable Notes linked to the Russell 2000 Index, due June 28, 2029. These senior unsecured obligations are issued by BofA Finance LLC, a subsidiary of BofA, and are fully and unconditionally guaranteed by Bank of America Corporation. The notes will be automatically called if the Russell 2000 Index is equal to or above the initial value on any quarterly observation date, starting approximately twelve months after issuance. If called, investors will receive the principal amount plus a call return. If not called and the index falls below a certain threshold by the final observation date, investors may face a loss up to the full investment. The notes involve significant risks, including the potential...Show More
Bank of America Corporation (BofA) has announced the issuance of $9,384,950 Trigger Autocallable Notes linked to the Russell 2000 Index, due June 28, 2029. These senior unsecured obligations are issued by BofA Finance LLC, a subsidiary of BofA, and are fully and unconditionally guaranteed by Bank of America Corporation. The notes will be automatically called if the Russell 2000 Index is equal to or above the initial value on any quarterly observation date, starting approximately twelve months after issuance. If called, investors will receive the principal amount plus a call return. If not called and the index falls below a certain threshold by the final observation date, investors may face a loss up to the full investment. The notes involve significant risks, including the potential loss of principal, and do not guarantee any return. The offering is designed for investors who believe the index will perform favorably, and who are willing to risk a potential loss for a higher return. The notes are not insured or guaranteed by any third party and involve credit risk of BofA Finance and BofA. The pricing supplement was filed on June 26, 2024, and the notes are set to mature on June 28, 2029, with quarterly observations beginning on June 30, 2025.

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