BofA Finance plans principal-protected notes tied to Coca-Cola, Adobe

By Angela McDaniels

Tacoma, Wash., May 16 – BofA Finance LLC plans to price 0% notes due May 20, 2022 linked to the common stocks of Coca-Cola Co. and Adobe, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Bank of America Corp.

If the final share price of the lesser-performing stock is greater than or equal to its initial share price, the payout at maturity will be par plus the lesser-performing stock’s return, subject to a maximum return of 25%.

If the final share price of the lesser-performing stock is less than its initial share price, the payout will be par.

BofA Securities Inc. is the agent.

The notes will price May 17.

The Cusip number is 09709TSN2.

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