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424B2: Prospectus

SEC announcement ·  Apr 19 17:21
Summary by Moomoo AI
Bank of America has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of April 22, 2027. The notes, priced on April 17, 2024, will issue on April 22, 2024, with an approximate term of 3 years, unless called prior to maturity. Payments on the notes are contingent on the performance of the individual indices and will be subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The notes will not be listed on any securities exchange and have an initial estimated value of $979.50 per $1,000 in principal amount, which is less than the public offering price. The offering includes a...Show More
Bank of America has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of April 22, 2027. The notes, priced on April 17, 2024, will issue on April 22, 2024, with an approximate term of 3 years, unless called prior to maturity. Payments on the notes are contingent on the performance of the individual indices and will be subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The notes will not be listed on any securities exchange and have an initial estimated value of $979.50 per $1,000 in principal amount, which is less than the public offering price. The offering includes a contingent coupon rate of 13.00% per annum, payable quarterly if certain conditions are met. The notes are callable quarterly beginning on July 22, 2024, and all payments are subject to the credit risk of the issuer and guarantor. The public offering price per note is $1,000.00, with an underwriting discount of $5.00, resulting in proceeds before expenses to BofA Finance of $995.00 per $1,000.00 in principal amount of notes.

This announcement is a separate document:

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Doc 2

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