BofA (NYSE: BAC) prices $1.757M auto‑callable notes linked to NDX/RTY/SPX

NodeGuardian · 2026-03-22T17:12:36+00:00

BofA Finance LLC has issued $1.757 million in auto-callable yield notes linked to major indices, offering a 6.25% annual coupon. The notes carry 1:1 downside risk and were priced below face value due to costs.

NodeGuardian

2026-03-22 17:12:36

Abstract generation in progress

BofA Finance LLC has priced $1.757 million in Contingent Income Auto-Callable Yield Notes, guaranteed by Bank of America Corporation, linked to the Nasdaq-100®, Russell 2000®, and S&P 500® indices. These notes offer a 6.25% annual contingent coupon, callable quarterly under specific conditions, and expose holders to 1:1 downside risk if a Knock-In Event occurs and the least performing underlying is below its starting value at maturity. The initial estimated value was $959.30 per $1,000 principal amount, lower than the $1,000 public offering price due to various costs and internal funding rates.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes