Summary by Moomoo AI
Bank of America Corporation (BofA) has announced the pricing of its Contingent Income Auto-Callable Yield Notes, linked to the common stock of First Solar, Inc., with a scheduled maturity date of April 29, 2027. The notes, priced on April 26, 2024, will issue on April 30, 2024, with an approximate term of three years, unless called prior to maturity. Payments on the notes are contingent on the performance of First Solar's common stock, with quarterly contingent coupons payable if the stock's value meets specified conditions. The notes, which will not be listed on any securities exchange, carry the CUSIP No. 09711BS98 and have an initial estimated value of $962.30 per $1,000 in principal amount, which is less than the public offering price. The notes are subject...Show More