Bank of America Corporation (BofA) has announced the issuance of $1,869,200 Trigger Autocallable Notes linked to the S&P MidCap 400 Index, due October 8, 2026. These senior unsecured obligations are issued by BofA Finance LLC, a subsidiary of BofA, and are fully and unconditionally guaranteed by BofA. The notes will be automatically called if the S&P MidCap 400 Index is equal to or above the initial value on any quarterly observation date, with investors receiving the principal amount plus a call return. If not called, and the index is above a specified downside threshold at maturity, investors will receive the principal amount; if below, they will receive less, potentially losing their entire investment. The notes involve significant risk, including credit risk of BofA...Show More

Bank of America Corporation (BofA) has announced the issuance of $1,869,200 Trigger Autocallable Notes linked to the S&P MidCap 400 Index, due October 8, 2026. These senior unsecured obligations are issued by BofA Finance LLC, a subsidiary of BofA, and are fully and unconditionally guaranteed by BofA. The notes will be automatically called if the S&P MidCap 400 Index is equal to or above the initial value on any quarterly observation date, with investors receiving the principal amount plus a call return. If not called, and the index is above a specified downside threshold at maturity, investors will receive the principal amount; if below, they will receive less, potentially losing their entire investment. The notes involve significant risk, including credit risk of BofA Finance and BofA, and do not guarantee a return of the principal amount. The offering is structured with an automatic call feature and contingent repayment of principal at maturity, with potential for full downside market exposure. The notes are not listed on any securities exchange and may have limited liquidity. The offering was priced on October 4, 2024, with BofA Securities, Inc. and UBS Financial Services Inc. acting as the underwriters.