Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Auto-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 January 26, 2029. The notes, priced on April 23, 2024, will be issued on April 26, 2024, with an approximate term of 4.75 years, unless called prior to maturity. Payments on the notes are contingent on the performance of the individual indices and will depend on the closing level of each index on the applicable observation date. The notes offer a contingent coupon rate of 9.25% per annum, payable monthly if the closing level of each index is at or above 70% of its starting value, assuming the notes have...Show More

Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Auto-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 January 26, 2029. The notes, priced on April 23, 2024, will be issued on April 26, 2024, with an approximate term of 4.75 years, unless called prior to maturity. Payments on the notes are contingent on the performance of the individual indices and will depend on the closing level of each index on the applicable observation date. The notes offer a contingent coupon rate of 9.25% per annum, 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 quarterly beginning November 25, 2024, and may be automatically called for the principal amount plus the relevant contingent coupon payment if each index's closing level is at or above its starting value on any call observation date. If not called and an index declines by more than 35% from its starting value, the investment will be subject to downside exposure at maturity, with up to 100% of the principal at risk. The notes are subject to the credit risk of BofA Finance and BAC, and will not be listed on any securities exchange. The initial estimated value of the notes is $979.40 per $1,000.00 in principal amount, which is less than the public offering price. The actual value of the notes can fluctuate and cannot be predicted with accuracy.