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424B2: Prospectus

SEC announcement · Apr 19 17:18

BAC +1.00% BACRP +19.67%

Summary by Moomoo AI

Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Buffered Issuer Callable Yield Notes Linked to the Least Performing of the Russell 2000 Index, the S&P 500 Index, and the Utilities Select Sector SPDR Fund, due January 22, 2027. The notes, priced on April 17, 2024, will issue on April 22, 2024, with an approximate 2.75-year term, unless called prior to maturity. Payments on the notes will depend on the individual performance of the mentioned indices and fund. The contingent coupon rate is set at 10.80% per annum, payable monthly if the observation value of each underlying is greater than or equal to 75.00% of its starting value, assuming the notes have not been called. The notes are callable monthly beginning on September 20, 2024, at the issuer's option. If any underlying declines by more than 25% from its starting value at maturity, the investment will be exposed to a leveraged decrease in the value of the least performing underlying, with up to 100% of the principal at risk. All payments on the notes are subject to the credit risk of BofA Finance and Bank of America Corporation. The notes will not be listed on any securities exchange and have a CUSIP No. 09711BNH5. The initial estimated value of the notes is $985.20 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. Potential purchasers are advised to consider the information in the 'Risk Factors' section of the pricing supplement.

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This announcement is a separate document:

Doc 1

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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The moomoo app is an online trading platform offered by Moomoo Technologies Inc. Securities, brokerage products and related services available through the moomoo app are offered by including but not limited to the following brokerage firms: Moomoo Financial Inc. regulated by the U.S. Securities and Exchange Commission (SEC), Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS), Futu Securities International (Hong Kong) Limited regulated by the Securities and Futures Commission of Hong Kong (SFC), Moomoo Financial Canada Inc. regulated by the Canadian Investment Regulatory Organization (CIRO) and Futu Securities (Australia) Ltd regulated by the Australian Securities and Investments Commission (ASIC).

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