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 May 18, 2027. The Notes, priced on May 13, 2024, will be issued on May 16, 2024, with an approximate 3-year term, unless called prior to maturity. Payments on the Notes are contingent on the performance of the individual indices and will depend on their closing levels on applicable Observation Dates. The Notes offer a contingent coupon rate of 8.375% per annum, payable monthly if each index's closing level is at or above 75% of its Starting Value, assuming the Notes have not been called. The Notes are callable monthly beginning November...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 May 18, 2027. The Notes, priced on May 13, 2024, will be issued on May 16, 2024, with an approximate 3-year term, unless called prior to maturity. Payments on the Notes are contingent on the performance of the individual indices and will depend on their closing levels on applicable Observation Dates. The Notes offer a contingent coupon rate of 8.375% per annum, payable monthly if each index's closing level is at or above 75% of its Starting Value, assuming the Notes have not been called. The Notes are callable monthly beginning November 18, 2024, at the issuer's option. If any index declines by more than 30% from its Starting Value at maturity, investors' principal is at risk. The Notes are not listed on any securities exchange and all payments are subject to the credit risk of BofA Finance and BAC. The initial estimated value of the Notes is $962.40 per $1,000 in principal, which is less than the public offering price. The offering includes a public offering price of $1,000 per Note, an underwriting discount of $28.75 per Note, and proceeds before expenses to BofA Finance of $971.25 per Note.