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 Index, the Russell 2000 Index, and the S&P 500 Index, due April 2, 2026. The notes, priced on June 28, 2024, will be issued on July 3, 2024, with an approximate 21-month term, unless called prior to maturity. Payments on the notes will depend on the individual performance of the mentioned indices. The notes offer a contingent coupon rate of 9.25% per annum, payable monthly if the closing level of each underlying index on the applicable observation date is greater than or equal to 70% of its starting value, assuming the notes have not been called. The notes, callable monthly beginning on October 3, 2024, at...Show More

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 Index, the Russell 2000 Index, and the S&P 500 Index, due April 2, 2026. The notes, priced on June 28, 2024, will be issued on July 3, 2024, with an approximate 21-month term, unless called prior to maturity. Payments on the notes will depend on the individual performance of the mentioned indices. The notes offer a contingent coupon rate of 9.25% per annum, payable monthly if the closing level of each underlying index on the applicable observation date is greater than or equal to 70% of its starting value, assuming the notes have not been called. The notes, callable monthly beginning on October 3, 2024, at BofA Finance's option, will not be listed on any securities exchange. The initial estimated value of the notes is $982.80 per $1,000.00 in principal amount, which is less than the public offering price. The notes are subject to the credit risk of BofA Finance and Bank of America Corporation, and all payments are dependent on their ability to pay their respective obligations.