Issued by Bank of America
Semiconductor Step-Down Snowball Growth Note - Earn 45% in Year-1 or up to 135% in Year 3
This offering is available to accredited investors.
Intel Corporation
INTC
Semiconductor company focused on CPUs, AI chips, and foundry manufacturing services
Market Cap
$620bn
3-Yr CAGR
42%
3-Yr Max DD
-60%
Advanced Micro Devices Inc.
AMD
Semiconductor company specializing in high-performance CPUs, GPUs, and AI accelerators
Market Cap
$821bn
3-Yr CAGR
51%
3-Yr Max DD
-49%
Broadcom Inc.
CAGR: Compound Annual Growth Rate · DD: Maximum Drawdown
Note gets called in Year-1
45%
Note gets called in Year-2
90%
Note gets called in Year-3
135%
Last Updated on Jul 8, 2026
• Starting Year 1, the note has quarterly autocall opportunities. Investors earn a 45.0% p.a. return if called at Year 1, with the return increasing by 11.25% each quarter the note remains uncalled. Example: If called after 15 months, the return would be 56.25%.
• At the first autocall observation (Year 1), the note will be called if the worst-performing underlier is at or above its starting level.
• After Year 1, the autocall threshold decreases by 6.25% each quarter, making an early redemption more likely. Example: In month 15, the note will be called if all underliers are at least 93.75% of their initial levels.
• At maturity, investors receive their full principal back as long as the worst-performing underlier has not fallen by more than 50% from its initial level.
Latest Indicative Price
82.57%
as of Jul 8, 2026
| Product | Callable Market Linked Growth Note |
| Issuer | Bank of America |
| Term | 3Y |
| Protection Type | barrier |
| Initial Call Premium | 45.0% in Year-1 |
| Principal Protection | 50% at maturity |
| Protection | 50% |
| Trade Date | Jun 12, 2026 |
| Next Event Date | Jun 14, 2027 |
| Maturity Date | Jun 15, 2029 |
AVGO
Semiconductor and infrastructure software company powering AI networking, connectivity, and data centers.
Market Cap
$2,000bn
3-Yr CAGR
85%
3-Yr Max DD
-27%