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424B2: Prospectus

SEC announcement ·  Jul 3 05:16
Summary by Futu AI
Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the VanEck Semiconductor ETF. The notes, due July 1, 2027, are set to price on June 28, 2024, and will be issued on July 3, 2024. The notes offer a contingent coupon rate of 13.10% per annum, payable monthly, provided certain conditions are met. The notes are callable monthly beginning January 3, 2025, at the issuer's option. 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 $982.00 per $1,000.00 in principal amount, which is less than the public offering price. The total offering size is $1,517,000.00, with proceeds before expenses to BofA Finance totaling $1,513,207.50. The notes are subject to risks, including the potential loss of principal, and are not FDIC insured or bank guaranteed.
Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the VanEck Semiconductor ETF. The notes, due July 1, 2027, are set to price on June 28, 2024, and will be issued on July 3, 2024. The notes offer a contingent coupon rate of 13.10% per annum, payable monthly, provided certain conditions are met. The notes are callable monthly beginning January 3, 2025, at the issuer's option. 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 $982.00 per $1,000.00 in principal amount, which is less than the public offering price. The total offering size is $1,517,000.00, with proceeds before expenses to BofA Finance totaling $1,513,207.50. The notes are subject to risks, including the potential loss of principal, and are not FDIC insured or bank guaranteed.

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