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FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses

SEC announcement ·  May 3 10:51
Summary by Moomoo AI
Bank of America Corporation (BAC) has announced the issuance of Callable Contingent Income Securities, which are due on May 14, 2026, and are based on the performance of the Russell 2000 Index. These securities are principal at risk and do not guarantee the repayment of principal nor provide for regular interest payments. Instead, they offer the potential for investors to earn contingent quarterly coupon payments that are above-market rate, in exchange for the risk of losing their principal and the possibility of not receiving any coupon payments if the index falls below a certain level. The securities, issued by BofA Finance LLC as part of its 'Medium-Term Notes, Series A' program, are fully and unconditionally guaranteed by Bank of America Corporation...Show More
Bank of America Corporation (BAC) has announced the issuance of Callable Contingent Income Securities, which are due on May 14, 2026, and are based on the performance of the Russell 2000 Index. These securities are principal at risk and do not guarantee the repayment of principal nor provide for regular interest payments. Instead, they offer the potential for investors to earn contingent quarterly coupon payments that are above-market rate, in exchange for the risk of losing their principal and the possibility of not receiving any coupon payments if the index falls below a certain level. The securities, issued by BofA Finance LLC as part of its 'Medium-Term Notes, Series A' program, are fully and unconditionally guaranteed by Bank of America Corporation. The issue price is set at $1,000.00 per security with an issue date of May 15, 2024. BofA Finance reserves the right to redeem the securities starting August 15, 2024, on any quarterly redemption date. The estimated value of the securities on the pricing date is expected to be between $920.00 and $970.00 per $1,000 in principal amount. Investors are advised to carefully consider the associated risks, including the loss of principal, limited return potential, early redemption, and credit risk of the issuer and guarantor, before making an investment decision. The securities will not be listed on any securities exchange, and the detailed terms and risks are outlined in the accompanying preliminary pricing supplement, product supplement, prospectus supplement, and prospectus.

This announcement is a separate document:

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