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, with a maturity date of May 18, 2027. The notes, priced on May 13, 2024, will issue on May 16, 2024, with an approximate 3-year term, unless called prior to maturity. The contingent coupon rate is set at 9.50% per annum, payable monthly, provided the closing level of each underlying index on the observation date is at or above 70% of its starting value. The notes, callable beginning November 18, 2024, are subject to the credit risk of both BofA Finance and Bank of America Corporation. The initial estimated value of the notes is $984.30 per $1,000.00 principal...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, with a maturity date of May 18, 2027. The notes, priced on May 13, 2024, will issue on May 16, 2024, with an approximate 3-year term, unless called prior to maturity. The contingent coupon rate is set at 9.50% per annum, payable monthly, provided the closing level of each underlying index on the observation date is at or above 70% of its starting value. The notes, callable beginning November 18, 2024, are subject to the credit risk of both BofA Finance and Bank of America Corporation. The initial estimated value of the notes is $984.30 per $1,000.00 principal amount, which is less than the public offering price. The notes will not be listed on any securities exchange and have CUSIP No. 09711BUS3. The offering includes a public offering price, underwriting discount, and proceeds before expenses to BofA Finance, with certain dealers forgoing selling concessions, fees, or commissions for sales to certain fee-based advisory accounts. Payments on the notes are subject to the credit risk of the issuer and guarantor, and the performance of the underlying indices.