Summary by Futu AI
Bank of America Corporation (BofA Finance) has announced the pricing of its Auto-Callable Enhanced Return Notes Linked to the Least Performing of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, due September 28, 2028. The notes, priced on September 25, 2024, will be issued on September 30, 2024, with an approximate 4-year term, subject to earlier call. Payments on the notes depend on the individual performance of the three indices, with automatic call features and potential 150.00% upside exposure to the least performing underlying, assuming the notes are not called prior to maturity. However, if any underlying declines by more than 30% from its starting value, investors' principal is at risk. The notes, which offer no periodic interest payments and will not be listed...Show More