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424B2: Prospectus

SEC announcement ·  Apr 30 17:08
Summary by Moomoo AI
Bank of America Corporation (BofA Finance) has announced the pricing of 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 June 4, 2027. The Notes are expected to price on May 31, 2024, and issue on June 5, 2024, with an approximate 3-year term, subject to being called. Payments on the Notes are contingent on the performance of the individual indices and will depend on the closing level of each Underlying on the applicable Observation Date. The contingent coupon rate is set between 9.75% and 11.75% per annum, payable monthly if each Underlying's closing level is at or above 70% of its Starting Value, assuming the Notes have not been called. The Notes...Show More
Bank of America Corporation (BofA Finance) has announced the pricing of 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 June 4, 2027. The Notes are expected to price on May 31, 2024, and issue on June 5, 2024, with an approximate 3-year term, subject to being called. Payments on the Notes are contingent on the performance of the individual indices and will depend on the closing level of each Underlying on the applicable Observation Date. The contingent coupon rate is set between 9.75% and 11.75% per annum, payable monthly if each Underlying's closing level is at or above 70% of its Starting Value, assuming the Notes have not been called. The Notes are callable monthly beginning September 6, 2024, at BofA Finance's option. The Notes are not FDIC insured, not bank guaranteed, and may lose value. They will not be listed on any securities exchange. The initial estimated value of the Notes is expected to be between $935.80 and $975.80 per $1,000.00 in principal amount, which is less than the public offering price. The Notes are subject to the credit risk of BofA Finance and BAC, as the guarantor. The CUSIP No. is 09711BWS1.

This announcement is a separate document:

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