Bank of America has announced the pricing of its Auto-Callable Notes Linked to the Least Performing of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the Russell 2000 Index, with a maturity date of July 3, 2028. The notes, priced on June 28, 2024, and issued on July 3, 2024, have an approximate 4-year term, subject to an earlier call. Payments on the notes depend on the performance of the individual indices, with the possibility of automatic semi-annual calls starting July 1, 2025, if certain conditions are met. The notes offer a potential return of $1,480 per $1,000 principal amount if the Ending Value of each underlying index is at or above its Starting Value at maturity, assuming the notes are not called prior. However, if any underlying...Show More

Bank of America has announced the pricing of its Auto-Callable Notes Linked to the Least Performing of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the Russell 2000 Index, with a maturity date of July 3, 2028. The notes, priced on June 28, 2024, and issued on July 3, 2024, have an approximate 4-year term, subject to an earlier call. Payments on the notes depend on the performance of the individual indices, with the possibility of automatic semi-annual calls starting July 1, 2025, if certain conditions are met. The notes offer a potential return of $1,480 per $1,000 principal amount if the Ending Value of each underlying index is at or above its Starting Value at maturity, assuming the notes are not called prior. However, if any underlying index declines by more than 30% from its Starting Value, investors' principal is at risk, with potential 1:1 downside exposure. The notes, which do not pay periodic interest, are not FDIC insured, not bank guaranteed, and may lose value. They will not be listed on any securities exchange. The initial estimated value of the notes is $976.10 per $1,000 in principal, which is less than the public offering price. The offering includes certain risks, detailed in the 'Risk Factors' section of the pricing supplement, and potential purchasers should consider the information provided in the accompanying product supplement, prospectus supplement, and prospectus. The Securities and Exchange Commission, state securities commissions, or other regulatory bodies have not approved or disapproved the securities, nor have they confirmed the accuracy of the pricing supplement.