Bank of America Corporation (BAC) and its subsidiary BofA Finance LLC have announced the issuance of Enhanced Return Notes linked to the S&P 500 Futures Excess Return Index. These Notes offer leveraged returns if the index's Ending Value exceeds its Starting Value. The principal amount will be returned if the Ending Value is less than or equal to the Starting Value but above the Threshold Value, set at 75% of the Starting Value. However, if the Ending Value falls below the Threshold Value, investors face the risk of losing a significant portion or all of their investment. The Notes, with a term of approximately five years, will not pay interest and the Redemption Amount will be determined at maturity. The...Show More

Bank of America Corporation (BAC) and its subsidiary BofA Finance LLC have announced the issuance of Enhanced Return Notes linked to the S&P 500 Futures Excess Return Index. These Notes offer leveraged returns if the index's Ending Value exceeds its Starting Value. The principal amount will be returned if the Ending Value is less than or equal to the Starting Value but above the Threshold Value, set at 75% of the Starting Value. However, if the Ending Value falls below the Threshold Value, investors face the risk of losing a significant portion or all of their investment. The Notes, with a term of approximately five years, will not pay interest and the Redemption Amount will be determined at maturity. The issue dates are set for April 22, 2024, and April 25, 2024, with an initial estimated value range of $900.00 to $950.00 per Note. The offering includes a Preliminary Pricing Supplement available on the SEC website. Investors are warned of the risks, including potential loss of principal, credit risks of BAC and BofA Finance, and market risks associated with the futures contract linked to the Underlying Index. The terms of the Notes are subject to change, and investors have the right to revoke their purchase offer before acceptance on the pricing date.