New Issue: BofA prices $5.25 million trigger callable contingent yield notes on three ETFs

By Kiku Steinfeld

Chicago, Feb. 16 – BofA Finance LLC priced $5.25 million of trigger callable contingent yield notes due Feb. 6, 2026 linked to the least performing of the SPDR S&P 500 ETF trust, the iShares Russell 2000 ETF and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

Each quarter, the notes pay a contingent coupon at a rate of 9.15% per year if each ETF closes at or above its coupon barrier, 70% of its initial value, on the observation date for that quarter.

The notes are callable at par of $10 plus any coupon due on any quarterly coupon payment date.

If the notes are not called and each ETF finishes at or above its downside threshold, 60% of its initial value, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the least-performing ETF’s final value is below its initial value.

BofA Securities, Inc. is the underwriter and UBS Financial Services Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Trigger callable contingent yield notes
Underlying ETFs:	SPDR S&P 500 ETF, iShares Russell 2000 ETF and iShares MSCI EAFE ETF
Amount:	$5,250,000
Maturity:	Feb. 6, 2026
Coupon:	9.15% per year, payable each quarter that each ETF closes at or above its coupon barrier on related quarterly observation date
Price:	Par of $10
Payout at maturity:	If each ETF finishes at or above downside threshold, par; otherwise, full exposure to decline of least-performing ETF below its initial value
Call option:	At par plus any coupon due on any quarterly coupon payment date
Initial values:	$74.17 for EAFE, $214.25 for Russell, $381.85 for S&P
Coupon barriers:	$51.92 for EAFE, $149.98 for Russell, $267.30 for S&P; 70% of initial values
Downside thresholds:	$44.50 for EAFE, $128.55 for Russell, $229.11 for S&P; 60% of initial values
Pricing date:	Feb. 3
Settlement date:	Feb. 8
Underwriter:	BofA Securities, Inc. with UBS Financial Services Inc. as selling agent
Fees:	1.5%
Cusip:	09710E200

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