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424B2: Prospectus

SEC ·  Sep 28 05:09
Summary by Futu AI
Bank of America 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 SPDR S&P Regional Banking ETF. The notes, due September 30, 2027, are set to issue on September 30, 2024, with an approximate term of 3 years, unless called prior to maturity. Payments on the notes will depend on the individual performance of the underlying indices and ETF, with a contingent coupon rate of 9.00% per annum payable monthly under certain conditions. The notes, callable beginning March 28, 2025, are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. They will not be listed on any securities exchange and have an initial estimated value of $947.20 per $1,000.00 in principal amount, which is less than the public offering price. The notes are designed for investors who seek an investment linked to the performance of the specified indices and ETF, with the potential for monthly income and principal protection at maturity under certain conditions.
Bank of America 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 SPDR S&P Regional Banking ETF. The notes, due September 30, 2027, are set to issue on September 30, 2024, with an approximate term of 3 years, unless called prior to maturity. Payments on the notes will depend on the individual performance of the underlying indices and ETF, with a contingent coupon rate of 9.00% per annum payable monthly under certain conditions. The notes, callable beginning March 28, 2025, are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. They will not be listed on any securities exchange and have an initial estimated value of $947.20 per $1,000.00 in principal amount, which is less than the public offering price. The notes are designed for investors who seek an investment linked to the performance of the specified indices and ETF, with the potential for monthly income and principal protection at maturity under certain conditions.
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