BofA Finance LLC is offering trigger autocallable notes linked to the Russell 2000 Index at $10.00 per Note, with an initial estimated value of $9.15 to $9.65 per $10 in Stated Principal Amount. The notes mature September 30, 2031 and are fully and unconditionally guaranteed by Bank of America Corporation, although their value can vary.

Key Highlights

  • The notes are linked to the Russell 2000 Index and mature on September 30, 2031.
  • BofA Finance expects to sell the notes to BofA Securities for $9.75 per Note.
  • The initial estimated value is between $9.15 and $9.65 per $10 in Stated Principal Amount.

BofA Finance LLC is offering trigger autocallable notes at a public price of $10.00 per Note.

Distribution Sets $9.75 Per Note

BofA Finance expects to sell the notes to BofA Securities, acting as principal, for $9.75 per Note. UBS, acting as a selling agent, expects to acquire all of the notes from BofA Securities at that amount. BofA Securities is an affiliate of BofA Finance and will serve as lead selling agent in the distribution.

Secondary Value Depends on Market Factors

The notes’ value may change with the level of the Russell 2000 Index, the guarantor’s internal funding rate, hedging-related charges and the Underwriting discount. BofA Finance says those factors, along with credit, market and economic conditions, may reduce the price available in any secondary market. BofA Securities is not required to make a market or buy the notes, and no party is obligated to purchase them at any price or time. Any later price would reflect prevailing market conditions, the index’s performance and the remaining term of the notes.