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424B2: Prospectus

SEC ·  Oct 2 17:05

Summary by Moomoo AI

Bank of America Corporation (BofA Finance LLC), a consolidated finance subsidiary of Bank of America Corporation (BAC), has filed a Pricing Supplement for $8,000,000 Trigger Callable Contingent Yield Notes linked to the least performing of the Nikkei 225 Index, the Russell 2000 Index, and the S&P 500 Index, due July 6, 2027. The notes are senior unsecured obligations issued by BofA Finance and fully and unconditionally guaranteed by BAC. The notes will pay a Contingent Coupon Payment on each quarterly Coupon Payment Date if the Current Underlying Level of each Underlying on each trading day during the applicable quarterly Observation Period is greater than or equal to its Coupon Barrier. If not, no Contingent Coupon Payment will accrue or be paid. Beginning January 2025, the issuer...Show More
Bank of America Corporation (BofA Finance LLC), a consolidated finance subsidiary of Bank of America Corporation (BAC), has filed a Pricing Supplement for $8,000,000 Trigger Callable Contingent Yield Notes linked to the least performing of the Nikkei 225 Index, the Russell 2000 Index, and the S&P 500 Index, due July 6, 2027. The notes are senior unsecured obligations issued by BofA Finance and fully and unconditionally guaranteed by BAC. The notes will pay a Contingent Coupon Payment on each quarterly Coupon Payment Date if the Current Underlying Level of each Underlying on each trading day during the applicable quarterly Observation Period is greater than or equal to its Coupon Barrier. If not, no Contingent Coupon Payment will accrue or be paid. Beginning January 2025, the issuer may call the notes in whole and pay the Stated Principal Amount plus any Contingent Coupon Payment due on such Coupon Payment Date. At maturity, if the notes have not been called and the Final Value of the Least Performing Underlying is greater than or equal to its Downside Threshold, the Stated Principal Amount will be paid. However, if the Final Value is less than the Downside Threshold, less than the Stated Principal Amount will be received, resulting in a potential loss up to a 100% loss of the investment. The notes involve significant risks, including the possibility of losing a substantial portion or all of the initial investment. The notes are subject to the creditworthiness of BofA Finance and BAC and are not insured by any governmental agency.
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