Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the least performing of three major indices: the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index. The notes, due January 22, 2027, are set to price on July 18, 2024, and will be issued on July 23, 2024. The notes have an approximate 2.5-year term, with the possibility of being called prior to maturity. Payments on the notes are contingent on the performance of the individual indices and will provide a 9.75% per annum coupon rate, payable monthly, if each index's closing level is at or above 70% of its starting value, assuming the notes have not been called. The notes are callable monthly beginning...Show More

Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the least performing of three major indices: the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index. The notes, due January 22, 2027, are set to price on July 18, 2024, and will be issued on July 23, 2024. The notes have an approximate 2.5-year term, with the possibility of being called prior to maturity. Payments on the notes are contingent on the performance of the individual indices and will provide a 9.75% per annum coupon rate, payable monthly, if each index's closing level is at or above 70% of its starting value, assuming the notes have not been called. The notes are callable monthly beginning October 23, 2024, at the issuer's option. If not called and an underlying index declines by more than 30% from its starting value, investors' principal is at risk at maturity. The notes are subject to the credit risk of BofA Finance and Bank of America Corporation, will not be listed on any securities exchange, and have an initial estimated value of $981.80 per $1,000.00 principal amount, which is less than the public offering price. The offering includes a public offering price of $1,000.00 per note, an underwriting discount of $8.50 per note, and proceeds before expenses to BofA Finance of $991.50 per note. The total offering size is $4,902,000.00, with total underwriting discounts of $21,397.23 and total proceeds to BofA Finance of $4,880,602.77. The notes are issued in minimum denominations of $1,000.00 and multiples thereof.