Bank of America Corporation (BAC) 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 December 17, 2026. The notes, priced on June 14, 2024, will issue on June 20, 2024, with an approximate 2.5-year term, unless called prior to maturity. Payments on the notes are contingent on the performance of the individual indices and will provide a 9.25% per annum coupon rate payable monthly if the closing level of each index is at or above 70% of its starting value, assuming the notes have not been called. The notes are callable monthly beginning December 19, 2024, at the issuer's option. If any index declines by...Show More

Bank of America Corporation (BAC) 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 December 17, 2026. The notes, priced on June 14, 2024, will issue on June 20, 2024, with an approximate 2.5-year term, unless called prior to maturity. Payments on the notes are contingent on the performance of the individual indices and will provide a 9.25% per annum coupon rate payable monthly if the closing level of each index is at or above 70% of its starting value, assuming the notes have not been called. The notes are callable monthly beginning December 19, 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 subject to the credit risk of BofA Finance LLC and Bank of America Corporation, will not be listed on any securities exchange, and have an initial estimated value less than the public offering price. The offering includes certain conditions and risk factors, including market and credit risk.