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 July 1, 2027. The Notes, priced on June 28, 2024, will be issued on July 3, 2024, with an approximate 3-year term, subject to earlier call. Payments on the Notes are contingent on the performance of the individual indices and offer a 9.25% per annum contingent coupon rate, payable monthly if the closing level of each index is at or above 70% of its starting value, assuming the Notes have not been called. The Notes are callable monthly beginning January 3, 2025, at the issuer's option. If any index declines by more than 30% from...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 July 1, 2027. The Notes, priced on June 28, 2024, will be issued on July 3, 2024, with an approximate 3-year term, subject to earlier call. Payments on the Notes are contingent on the performance of the individual indices and offer a 9.25% per annum contingent coupon rate, payable monthly if the closing level of each index is at or above 70% of its starting value, assuming the Notes have not been called. The Notes are callable monthly beginning January 3, 2025, at the issuer's option. If any index declines by more than 30% from its starting value at maturity, investors' principal is at risk, with potential 1:1 downside exposure to the least performing index. The Notes are not listed on any securities exchange and carry the credit risk of BofA Finance and BAC as guarantor. The initial estimated value of the Notes is $981.30 per $1,000.00 principal amount, which is less than the public offering price. The offering includes an underwriting discount and proceeds before expenses to BofA Finance. The Notes are intended for sale only to qualified investors and are not intended for retail investors in the EEA or UK, with no key information document prepared under the PRIIPs Regulation.