Bank of America has announced the pricing of its Contingent Income Buffered Auto-Callable Yield Notes, due August 27, 2029, linked to the least performing of four major tech stocks: Amazon, Apple, Microsoft, and NVIDIA. The notes, priced on August 22, 2024, and set to issue on August 27, 2024, have an approximate 5-year term, with the possibility of being called prior to maturity. Payments on the notes are contingent on the performance of the individual stocks, with monthly contingent coupons payable if the stocks' values are above 60% of their starting values, assuming the notes have not been called. The notes are callable monthly beginning August 22, 2025, if the stocks' values reach or exceed their starting values. At maturity, investors are exposed to downside risk if any...Show More

Bank of America has announced the pricing of its Contingent Income Buffered Auto-Callable Yield Notes, due August 27, 2029, linked to the least performing of four major tech stocks: Amazon, Apple, Microsoft, and NVIDIA. The notes, priced on August 22, 2024, and set to issue on August 27, 2024, have an approximate 5-year term, with the possibility of being called prior to maturity. Payments on the notes are contingent on the performance of the individual stocks, with monthly contingent coupons payable if the stocks' values are above 60% of their starting values, assuming the notes have not been called. The notes are callable monthly beginning August 22, 2025, if the stocks' values reach or exceed their starting values. At maturity, investors are exposed to downside risk if any underlying stock declines more than 20% from its starting value, with up to 80% of the principal at risk. The notes are subject to the credit risk of BofA Finance LLC and Bank of America Corporation, will not be listed on any securities exchange, and have an initial estimated value of $934.20 per $1,000 in principal, which is less than the public offering price. The offering includes a public offering price of $1,000 per note, an underwriting discount of $37.50 per note, and proceeds before expenses to BofA Finance of $962.50 per note, totaling $660,000.00 for the entire offering.