Summary by Moomoo AI
Bank of America Corporation (BofA Finance) has announced the pricing of Contingent Income Issuer Callable Yield Notes Linked to the Least Performing of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, due June 3, 2027. The Notes are expected to price on May 28, 2024, and issue on May 31, 2024, with an approximate 3-year term, subject to monthly callable options by the issuer beginning December 4, 2024. The contingent coupon rate is set at 8.00% per annum, payable monthly if each Underlying's closing level is at or above 70.00% of its Starting Value, assuming the Notes have not been called. The Notes are subject to the credit risk of BofA Finance and Bank of America Corporation, and will not be listed on any securities exchange...Show More