Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the S&P 500 Index, with a maturity date of July 11, 2029. The notes, priced on October 7, 2024, and issuing on October 9, 2024, have an approximate term of 4.75 years, unless called prior to maturity. The contingent coupon rate is set at 9.00% per annum, payable monthly if each underlying index's closing level is at or above 75% of its starting value, assuming the notes have not been called. The notes are callable monthly beginning April 10, 2025, at the issuer's option. If not called and an underlying index declines by more than 35% from its...Show More

Bank of America Corporation (BofA Finance) has announced the pricing of its Contingent Income Issuer Callable Yield Notes, linked to the performance of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the S&P 500 Index, with a maturity date of July 11, 2029. The notes, priced on October 7, 2024, and issuing on October 9, 2024, have an approximate term of 4.75 years, unless called prior to maturity. The contingent coupon rate is set at 9.00% per annum, payable monthly if each underlying index's closing level is at or above 75% of its starting value, assuming the notes have not been called. The notes are callable monthly beginning April 10, 2025, at the issuer's option. If not called and an underlying index declines by more than 35% from its starting value at maturity, investors' principal is at risk, with potential 1:1 downside exposure to the least performing underlying. Payments on the notes are subject to the credit risk of BofA Finance and Bank of America Corporation. The notes will not be listed on any securities exchange and have a CUSIP No. 09711FKX4. The initial estimated value of the notes is $980.90 per $1,000.00 in principal amount, which is less than the public offering price. The actual value of the notes can fluctuate and cannot be predicted with accuracy.