Bank of America Corporation (BofA Finance) and Bank of America Corporation (BAC) have announced the pricing of Auto-Callable Enhanced Return Notes linked to the performance of the Russell 2000 Index, the Nasdaq-100 Index, and the S&P 500 Index. The notes have an approximate four-year term and will be automatically called if the observation value of each underlying index is equal to or greater than its applicable call value on any observation date. The notes are structured to provide 2-to-1 upside exposure to increases in the value of the least performing underlying index, assuming they are not called prior to maturity. However, if the ending value of any underlying index is less than 70% of its starting value, investors will be...Show More

Bank of America Corporation (BofA Finance) and Bank of America Corporation (BAC) have announced the pricing of Auto-Callable Enhanced Return Notes linked to the performance of the Russell 2000 Index, the Nasdaq-100 Index, and the S&P 500 Index. The notes have an approximate four-year term and will be automatically called if the observation value of each underlying index is equal to or greater than its applicable call value on any observation date. The notes are structured to provide 2-to-1 upside exposure to increases in the value of the least performing underlying index, assuming they are not called prior to maturity. However, if the ending value of any underlying index is less than 70% of its starting value, investors will be subject to 1:1 downside exposure, with up to 100% of the principal at risk. The notes, which will not pay periodic interest, are priced at $972.80 per $1,000 in principal amount, which is less than the public offering price. They will issue on May 3, 2024, and mature on May 3, 2028, and will not be listed on any securities exchange. The CUSIP number is 09711BGJ9. The offering is subject to the credit risk of BofA Finance and BAC, and no regulatory body has approved or disapproved the securities or confirmed the accuracy of the pricing supplement. The public offering price, underwriting discount, and proceeds before expenses to BofA Finance are also detailed in the announcement.