Bank of America Corporation (BofA Finance) has announced the pricing of Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the Russell 2000 Index and the S&P 500 Index, due May 24, 2029. The notes, which are not guaranteed by the FDIC, are expected to price on May 20, 2024, and issue on May 23, 2024, with an approximate 5-year term, unless called prior to maturity. Payments on the notes will depend on the individual performance of the Russell 2000 Index and the S&P 500 Index. The contingent coupon rate is set at 8.25% per annum, payable monthly if the closing level of each underlying index on the applicable observation date is at or above 70% of its starting value, assuming the notes have not been called...Show More

Bank of America Corporation (BofA Finance) has announced the pricing of Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the Russell 2000 Index and the S&P 500 Index, due May 24, 2029. The notes, which are not guaranteed by the FDIC, are expected to price on May 20, 2024, and issue on May 23, 2024, with an approximate 5-year term, unless called prior to maturity. Payments on the notes will depend on the individual performance of the Russell 2000 Index and the S&P 500 Index. The contingent coupon rate is set at 8.25% per annum, payable monthly if the closing level of each underlying index on the applicable observation date is at or above 70% of its starting value, assuming the notes have not been called. The notes, callable quarterly beginning May 23, 2025, at BofA Finance's option, will not be listed on any securities exchange. The initial estimated value of the notes is expected to be between $922.90 and $972.90 per $1,000.00 in principal amount, which is less than the public offering price. The actual value of the notes can fluctuate and cannot be predicted with accuracy. The notes are subject to the credit risk of BofA Finance as the issuer and BAC as the guarantor. The CUSIP number for the notes is 09711DN65.