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424B2: Prospectus

SEC announcement ·  Apr 19 17:25
Summary by Moomoo AI
Bank of America Corporation (BofA Finance) has announced the pricing of its 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 April 20, 2029. The notes, priced on April 17, 2024, will issue on April 22, 2024, with an approximate 5-year term, unless called prior to maturity. The payments on the notes are contingent on the performance of the individual indices and offer a contingent coupon rate of 9.50% per annum, payable quarterly if the closing level of each index is above 65% of its starting value, assuming the notes have not been called. The notes are callable quarterly beginning October 22, 2024, at the issuer's option. If any index declines by more than...Show More
Bank of America Corporation (BofA Finance) has announced the pricing of its 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 April 20, 2029. The notes, priced on April 17, 2024, will issue on April 22, 2024, with an approximate 5-year term, unless called prior to maturity. The payments on the notes are contingent on the performance of the individual indices and offer a contingent coupon rate of 9.50% per annum, payable quarterly if the closing level of each index is above 65% of its starting value, assuming the notes have not been called. The notes are callable quarterly beginning October 22, 2024, at the issuer's option. If any index declines by more than 40% from its starting value at maturity, investors' principal is at risk. The notes are subject to the credit risk of BofA Finance and Bank of America Corporation, will not be listed on any securities exchange, and have an initial estimated value of $981.80 per $1,000.00 in principal amount, which is less than the public offering price. The total underwriting discount and proceeds to BofA Finance are specified in the announcement. The notes are not FDIC insured, not bank guaranteed, and may lose value.

This announcement is a separate document:

Doc 1

Doc 2

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