Bank of America Corporation (BofA Finance) has announced the pricing of its Fixed Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, due May 5, 2025. The notes, priced on April 30, 2024, will be issued on May 3, 2024, with an approximate 12-month term, unless called prior to maturity. The notes offer a fixed coupon rate of 8.15% per annum, payable monthly, and are callable monthly beginning on November 4, 2024. The redemption amount at maturity is subject to the performance of the least performing underlying index, with a potential 1:1 downside exposure if any underlying index declines by more than 30% from its starting value. Payments on the notes are subject to the credit risk of BofA...Show More

Bank of America Corporation (BofA Finance) has announced the pricing of its Fixed Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, due May 5, 2025. The notes, priced on April 30, 2024, will be issued on May 3, 2024, with an approximate 12-month term, unless called prior to maturity. The notes offer a fixed coupon rate of 8.15% per annum, payable monthly, and are callable monthly beginning on November 4, 2024. The redemption amount at maturity is subject to the performance of the least performing underlying index, with a potential 1:1 downside exposure if any underlying index declines by more than 30% from its starting value. Payments on the notes are subject to the credit risk of BofA Finance as the issuer and BAC as the guarantor. The notes will not be listed on any securities exchange and have a CUSIP No. 09711BM94. The initial estimated value of the notes is $982.60 per $1,000.00 in principal amount, which is less than the public offering price. The offering includes a public offering price of $1,000.00 per note, an underwriting discount of $2.50 per note, and proceeds before expenses to BofA Finance of $997.50 per note.