Bank of America Corporation (BAC) has announced the pricing of Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the Utilities Select Sector SPDR Fund, due July 30, 2026. The notes are expected to price on July 26, 2024, and issue on July 31, 2024, with an approximate 2-year term, unless called prior to maturity. Payments on the notes depend on the individual performance of the underlying indices and fund. The contingent coupon rate is 11.75% per annum, payable monthly if the observation value of each underlying is greater than or equal to 70% of its starting value, assuming the notes have not been called. The notes are callable quarterly beginning October 31, 2024, at the issuer's option. If any...Show More

Bank of America Corporation (BAC) has announced the pricing of Contingent Income Issuer Callable Yield Notes, linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the Utilities Select Sector SPDR Fund, due July 30, 2026. The notes are expected to price on July 26, 2024, and issue on July 31, 2024, with an approximate 2-year term, unless called prior to maturity. Payments on the notes depend on the individual performance of the underlying indices and fund. The contingent coupon rate is 11.75% per annum, payable monthly if the observation value of each underlying is greater than or equal to 70% of its starting value, assuming the notes have not been called. The notes are callable quarterly beginning October 31, 2024, at the issuer's option. If any underlying declines by more than 30% from its starting value at maturity, the investment will be subject to downside exposure, with up to 100% of the principal at risk. All payments on the notes are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The notes will not be listed on any securities exchange, and the initial estimated value is expected to be between $930.00 and $980.00 per $1,000.00 in principal amount, which is less than the public offering price.