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424B2: Prospectus

SEC announcement ·  Jun 15 04:43
Summary by Futu AI
Bank of America has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of May 15, 2026. The notes, priced on June 12, 2024, and set to issue on June 17, 2024, have an approximate 23-month term, subject to earlier call, and offer a contingent coupon rate of 8.50% per annum, payable monthly if certain conditions are met. The notes are callable monthly beginning September 17, 2024, at Bank of America's option. Payments on the notes are dependent on the performance of the underlying indices and are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The notes will not be listed on any securities exchange and have an initial estimated value of $973.20 per $1,000.00 principal amount, which is less than the public offering price. The offering includes a total of $3,742,000.00 in notes, with an underwriting discount resulting in proceeds before expenses to BofA Finance of $3,659,676.00.
Bank of America has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of May 15, 2026. The notes, priced on June 12, 2024, and set to issue on June 17, 2024, have an approximate 23-month term, subject to earlier call, and offer a contingent coupon rate of 8.50% per annum, payable monthly if certain conditions are met. The notes are callable monthly beginning September 17, 2024, at Bank of America's option. Payments on the notes are dependent on the performance of the underlying indices and are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The notes will not be listed on any securities exchange and have an initial estimated value of $973.20 per $1,000.00 principal amount, which is less than the public offering price. The offering includes a total of $3,742,000.00 in notes, with an underwriting discount resulting in proceeds before expenses to BofA Finance of $3,659,676.00.
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