Bank of America Corporation (BofA Finance) has announced the pricing of its Auto-Callable Notes Linked to the Least Performing of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of October 1, 2029. The notes, priced on September 30, 2024, will be issued on October 3, 2024, with an approximate 5-year term, subject to being called prior to maturity. Payments on the notes are contingent on the individual performance of the aforementioned indices and will depend on whether the Ending Value of each Underlying is greater than or equal to its Starting Value. If not called prior to maturity, investors will receive $1,801.00 per $1,000.00 in principal amount, provided the Ending Value of each Underlying is greater than or equal to...Show More

Bank of America Corporation (BofA Finance) has announced the pricing of its Auto-Callable Notes Linked to the Least Performing of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with a maturity date of October 1, 2029. The notes, priced on September 30, 2024, will be issued on October 3, 2024, with an approximate 5-year term, subject to being called prior to maturity. Payments on the notes are contingent on the individual performance of the aforementioned indices and will depend on whether the Ending Value of each Underlying is greater than or equal to its Starting Value. If not called prior to maturity, investors will receive $1,801.00 per $1,000.00 in principal amount, provided the Ending Value of each Underlying is greater than or equal to 100% of its Starting Value. However, if any Underlying 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. The notes, which will not be listed on any securities exchange, have an initial estimated value of $984.80 per $1,000.00 in principal amount, which is less than the public offering price. The notes are subject to the credit risk of BofA Finance and BAC, and no periodic interest payments will be made. The Starting Values of the Underlyings were determined on September 26, 2024, and the notes are not FDIC insured, not bank guaranteed, and may lose value.