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FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses

SEC announcement ·  Apr 25 16:26
Summary by Moomoo AI
Bank of America Corporation (BAC) and its subsidiary BofA Finance LLC have announced the issuance of Autocallable Bear Strategic Accelerated Redemption Securities (BEAR STARS) linked to the S&P 500 Index. These securities have a principal amount of $10.00 per unit and a term of approximately one year, with the possibility of being called on observation dates set at three, six, nine months, and one year from the pricing date. The securities offer a call premium that varies depending on the observation date, ranging from $10.725 to $13.000 per unit. If not called, investors face 1-to-1 downside exposure to increases in the S&P 500 Index, with up to 100% of their principal at risk. The threshold value is set at 100% of the Starting Value. The...Show More
Bank of America Corporation (BAC) and its subsidiary BofA Finance LLC have announced the issuance of Autocallable Bear Strategic Accelerated Redemption Securities (BEAR STARS) linked to the S&P 500 Index. These securities have a principal amount of $10.00 per unit and a term of approximately one year, with the possibility of being called on observation dates set at three, six, nine months, and one year from the pricing date. The securities offer a call premium that varies depending on the observation date, ranging from $10.725 to $13.000 per unit. If not called, investors face 1-to-1 downside exposure to increases in the S&P 500 Index, with up to 100% of their principal at risk. The threshold value is set at 100% of the Starting Value. The offering documents highlight significant risks, including the potential loss of principal if the securities are not called and the level of the Index on the final Observation Date is greater than the Starting Value. Additionally, the value of the notes is subject to the credit risk of both BofA Finance and BAC. The initial estimated value of the notes on the pricing date will be less than the public offering price, and their market value may be lower if sold prior to maturity. Investors are advised to read the Preliminary Offering Documents for a full understanding of the product, associated risks, and tax implications. The final terms will be set on the pricing date.

This announcement is a separate document:

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