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Published on 3/5/2024 in the Prospect News Structured Products Daily.

New Issue: BofA Finance sells $3.87 million capped notes tied to best performing of three indexes

By William Gullotti

Buffalo, N.Y., March 5 – BofA Finance LLC priced $3.87 million of 0% capped notes due Feb. 26, 2027 linked to the best performing of the S&P 500 index, the Euro Stoxx 50 index and the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The payout at maturity will be par plus any gain of the best performing index, capped at par plus 30.4%.

Investors will be fully exposed to any decline of the best performer from its initial level.

BofA Securities, Inc. is the agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Capped notes
Underlying indexes:S&P 500 index, Euro Stoxx 50 index, Topix index
Amount:$3,869,950
Maturity:Feb. 26, 2027
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus any gain of best performing index, capped at par plus 30.4%; otherwise, lose 1% for each 1% decline of best performer from its initial level
Initial levels:5,096.27 for S&P, 4,877.77 for Stoxx, 2,675.73 for Topix
Pricing date:Feb. 29
Settlement date:March 7
Agent:BofA Securities, Inc.
Fees:2.25%
Cusip:09710N408

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