Bank of America Corporation (BAC) 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 S&P 500 Index, due July 2, 2026. The notes, priced on June 28, 2024, will be issued on July 3, 2024, with an approximate 2-year term, subject to early call. The contingent coupon rate is set at 9.75% per annum, payable monthly if the closing level of each underlying index on the observation date is at or above 70% of its starting value, assuming the notes have not been called. The notes offer downside exposure to the least performing underlying index, with up to 100% of the principal at risk if any underlying index declines by more...Show More

Bank of America Corporation (BAC) 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 S&P 500 Index, due July 2, 2026. The notes, priced on June 28, 2024, will be issued on July 3, 2024, with an approximate 2-year term, subject to early call. The contingent coupon rate is set at 9.75% per annum, payable monthly if the closing level of each underlying index on the observation date is at or above 70% of its starting value, assuming the notes have not been called. The notes offer downside exposure to the least performing underlying index, with up to 100% of the principal at risk if any underlying index declines by more than 30% from its starting value. The notes, which will not be listed on any securities exchange, are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The initial estimated value of the notes is $979.40 per $1,000.00 in principal amount, which is less than the public offering price. The CUSIP number for the notes is 09711DJV5.