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424B2: Prospectus

SEC ·  Sep 28 05:00

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
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 on any securities exchange, are subject to the credit risk of BofA Finance and BAC. The initial estimated value of the notes is $935.40 per $1,000.00 in principal amount, which is less than the public offering price. The notes are intended for qualified investors and are not suitable for EEA and UK retail investors. The offering is subject to U.S. federal income tax considerations and may have implications for Non-U.S. Holders, including potential U.S. federal estate tax for individual Non-U.S. Holders.

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