Bank of America Corporation (BofA) has announced the pricing of Enhanced Return Notes linked to the S&P 500 Futures Excess Return Index, due on February 26, 2026. The Notes, priced on April 23, 2024, will be issued on April 26, 2024, with an approximate term of 22 months. The performance of the Notes is contingent on the S&P 500 Futures Excess Return Index, with a 110.50% upside exposure if the Index's Ending Value exceeds its Starting Value at maturity. Conversely, if the Index declines, the investment will have a 1:1 downside exposure, with a minimum redemption amount of $900 per $1,000 in principal. The Notes, which will not pay periodic interest and will not be listed on any securities exchange, are subject to the credit risk of both BofA Finance...Show More

Bank of America Corporation (BofA) has announced the pricing of Enhanced Return Notes linked to the S&P 500 Futures Excess Return Index, due on February 26, 2026. The Notes, priced on April 23, 2024, will be issued on April 26, 2024, with an approximate term of 22 months. The performance of the Notes is contingent on the S&P 500 Futures Excess Return Index, with a 110.50% upside exposure if the Index's Ending Value exceeds its Starting Value at maturity. Conversely, if the Index declines, the investment will have a 1:1 downside exposure, with a minimum redemption amount of $900 per $1,000 in principal. The Notes, which will not pay periodic interest and will not be listed on any securities exchange, are subject to the credit risk of both BofA Finance LLC, as the issuer, and Bank of America Corporation, as the guarantor. The initial estimated value of the Notes is $962.20 per $1,000 in principal amount, which is below the public offering price. The Notes are being offered at $1,000 per Note with an underwriting discount of $23.75, leading to proceeds before expenses to BofA Finance of $976.25 per Note. The total offering amounts to $1,289,000.00. The Notes are not FDIC insured, not bank guaranteed, and may lose value.