New Issue: BofA prices $3.80 million contingent income issuer callable yield notes on three ETFs

New York, Jan. 22 – BofA Finance LLC priced $3.80 million of contingent income issuer callable yield notes due Jan. 22, 2027 linked to the Consumer Staples Select Sector SPDR Fund, the SPDR S&P Regional Banking ETF and the Utilities Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 14.85%, paid monthly, if each underlier closes at or above its 70% coupon barrier on the related monthly observation date.

The securities may be called at par on any quarterly call date starting on July 19, 2024.

If the worst performing asset finishes at or above its 60% threshold value, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the worst performing asset declines from initial level.

The notes are guaranteed by Bank of America Corp.

BofA Securities, Inc. is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Contingent income issuer callable yield notes
Underlying assets:	Consumer Staples Select Sector SPDR Fund, SPDR S&P Regional Banking ETF and Utilities Select Sector SPDR Fund
Amount:	$3,798,000
Maturity:	Jan. 22, 2027
Coupon:	14.85%, paid monthly, if each underlier closes at or above its 70% coupon barrier on the related monthly observation date
Price:	Par
Payout at maturity:	If worst performing asset finishes at or above its 60% threshold value, par; otherwise, 1% loss for every 1% that worst performing asset declines from initial level
Call option:	At par on any quarterly call date starting on July 19, 2024
Initial levels:	$72.40 for Consumer Staples Select Sector SPDR Fund, $49.54 for SPDR S&P Regional Banking ETF, $62.63 for Utilities Select Sector SPDR Fund
Downside thresholds:	$43.44 for Consumer Staples Select Sector SPDR Fund, $29.72 for SPDR S&P Regional Banking ETF, $37.58 for Utilities Select Sector SPDR Fund, 60% of initial levels
Coupon barriers:	$50.68 for Consumer Staples Select Sector SPDR Fund, $34.68 for SPDR S&P Regional Banking ETF, $43.84 for Utilities Select Sector SPDR Fund, 70% of initial levels
Pricing date:	Jan. 16
Settlement date:	Jan. 19
Agent:	BofA Securities, Inc.
Fees:	1%
Cusip:	09710PLZ7

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