Bank of America Corporation has announced the issuance of Contingent Income Auto-Callable Securities, due October 7, 2027, with an aggregate principal amount of $12,124,000. These securities are linked to the performance of Amazon.com, Inc.'s common stock and offer investors the potential to earn a contingent quarterly coupon. However, the payment of these coupons is dependent on the stock's performance relative to a specified threshold. The securities, which are principal at risk, do not guarantee regular interest payments or principal repayment. Instead, they provide the opportunity for investors to earn a quarterly coupon if the stock price is above 75% of the initial share price on the determination dates. If the stock price falls below this threshold, no coupon will be...Show More

Bank of America Corporation has announced the issuance of Contingent Income Auto-Callable Securities, due October 7, 2027, with an aggregate principal amount of $12,124,000. These securities are linked to the performance of Amazon.com, Inc.'s common stock and offer investors the potential to earn a contingent quarterly coupon. However, the payment of these coupons is dependent on the stock's performance relative to a specified threshold. The securities, which are principal at risk, do not guarantee regular interest payments or principal repayment. Instead, they provide the opportunity for investors to earn a quarterly coupon if the stock price is above 75% of the initial share price on the determination dates. If the stock price falls below this threshold, no coupon will be paid for that period, and investors could lose their entire investment. The securities are fully and unconditionally guaranteed by Bank of America Corporation and are issued by BofA Finance LLC as part of its 'Medium-Term Notes, Series A' program. The securities were priced on October 4, 2024, and will be issued on October 9, 2024. They are designed for investors willing to risk their principal for potentially above-market contingent quarterly coupon payments in exchange for the risk of receiving few or no coupons over the 3-year term. The securities are not FDIC insured, are subject to credit risk, and will not be listed on any securities exchange.