Bank of America Corporation (BAC) has announced the pricing of its Fixed Income Issuer Callable Yield Notes Linked to the Least Performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index, due August 26, 2025. The notes, priced on August 21, 2024, will be issued on August 26, 2024, with an approximate 12-month term, unless called prior to maturity. The payments on the notes will depend on the individual performance of the mentioned indices. A fixed coupon rate of 10.10% per annum, payable monthly, is set, assuming the notes have not been called. The notes are callable monthly beginning on November 26, 2024, at the issuer's option for the principal amount plus the fixed coupon payment. If not called, and if any underlying...Show More

Bank of America Corporation (BAC) has announced the pricing of its Fixed Income Issuer Callable Yield Notes Linked to the Least Performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index, due August 26, 2025. The notes, priced on August 21, 2024, will be issued on August 26, 2024, with an approximate 12-month term, unless called prior to maturity. The payments on the notes will depend on the individual performance of the mentioned indices. A fixed coupon rate of 10.10% per annum, payable monthly, is set, assuming the notes have not been called. The notes are callable monthly beginning on November 26, 2024, at the issuer's option for the principal amount plus the fixed coupon payment. If not called, and if any underlying index declines by more than 30% from its starting value, the investment will be subject to downside exposure with up to 100% of the principal at risk; otherwise, the principal amount will be paid at maturity along with the final fixed coupon payment. All payments 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 have an initial estimated value of $991.90 per $1,000.00 in principal amount, which is less than the public offering price.