Bank of America 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 June 30, 2027. The notes, priced on June 25, 2024, will be issued on June 28, 2024, with an approximate term of three years, unless called prior to maturity. The contingent coupon rate is set at 7.65% 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, which will not be listed on any securities exchange, carry the CUSIP No. 09711DLW0. The initial estimated value of the notes...Show More

Bank of America 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 June 30, 2027. The notes, priced on June 25, 2024, will be issued on June 28, 2024, with an approximate term of three years, unless called prior to maturity. The contingent coupon rate is set at 7.65% 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, which will not be listed on any securities exchange, carry the CUSIP No. 09711DLW0. The initial estimated value of the notes is $958.60 per $1,000 in principal amount, which is less than the public offering price. Payments on the notes are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The notes are designed for investors who seek a monthly contingent income opportunity and are willing to risk their principal based on the performance of the least performing underlying index.