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424B2: Prospectus

SEC announcement ·  Jun 29 05:32
Summary by Futu AI
Bank of America Corporation (BofA) has announced the issuance of Capped Return Notes linked to the S&P 500 Index, with a maturity date of June 30, 2026. The notes, priced on June 25, 2024, and set to issue on June 28, 2024, have an approximate term of two years. The performance of the S&P 500 Index will determine the payment on the notes, with a maximum return of 13.00%. The notes, which will not pay periodic interest, are not FDIC insured, not bank guaranteed, and may lose value. The initial estimated value of the notes is $970.20 per $1,000 in principal, which is below the public offering price. The notes, guaranteed by BofA Finance LLC and Bank of America Corporation, will not be listed on any securities exchange. The pricing supplement details the risks involved and clarifies that the SEC and other regulatory bodies have not approved the securities. The offering price per note is $1,000 with an underwriting discount of $22.50, leading to proceeds before expenses to BofA Finance of $977.50 per note. The total offering is valued at $2,045,000.00.
Bank of America Corporation (BofA) has announced the issuance of Capped Return Notes linked to the S&P 500 Index, with a maturity date of June 30, 2026. The notes, priced on June 25, 2024, and set to issue on June 28, 2024, have an approximate term of two years. The performance of the S&P 500 Index will determine the payment on the notes, with a maximum return of 13.00%. The notes, which will not pay periodic interest, are not FDIC insured, not bank guaranteed, and may lose value. The initial estimated value of the notes is $970.20 per $1,000 in principal, which is below the public offering price. The notes, guaranteed by BofA Finance LLC and Bank of America Corporation, will not be listed on any securities exchange. The pricing supplement details the risks involved and clarifies that the SEC and other regulatory bodies have not approved the securities. The offering price per note is $1,000 with an underwriting discount of $22.50, leading to proceeds before expenses to BofA Finance of $977.50 per note. The total offering is valued at $2,045,000.00.
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This announcement is a separate document:

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