share_log

424B2: Prospectus

SEC ·  17:05
Summary by Moomoo AI
Bank of America has announced the pricing of its Auto-Callable Enhanced Return Notes linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of October 4, 2029. The notes, priced on September 30, 2024, will be issued on October 3, 2024, with an approximate 5-year term, subject to automatic call features based on the performance of the underlying indices. Payments on the notes depend on the individual performance of each index, with the potential for 200% upside exposure to the least performing index if not called prior to maturity. However, if any index declines by more than 30% from its starting value, investors could face 1:1 downside exposure with up to 100% of the principal at risk. The notes...Show More
Bank of America has announced the pricing of its Auto-Callable Enhanced Return Notes linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of October 4, 2029. The notes, priced on September 30, 2024, will be issued on October 3, 2024, with an approximate 5-year term, subject to automatic call features based on the performance of the underlying indices. Payments on the notes depend on the individual performance of each index, with the potential for 200% upside exposure to the least performing index if not called prior to maturity. However, if any index declines by more than 30% from its starting value, investors could face 1:1 downside exposure with up to 100% of the principal at risk. The notes, which will not pay periodic interest and will not be listed on any securities exchange, are subject to the credit risk of BofA Finance LLC and Bank of America Corporation. The initial estimated value of the notes is $951.20 per $1,000.00 in principal amount, which is less than the public offering price. The notes are intended for sale only to qualified investors and are not intended for retail investors in the EEA or the UK.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more