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Published on 3/28/2022 in the Prospect News Structured Products Daily.

New Issue: BofA sells $3.56 million Capped Leveraged Index Return Notes on index basket

Chicago, March 28 – BofA Finance LLC priced $3.56 million of 0% Capped Leveraged Index Return Notes due April 26, 2024 linked to a basket of weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index, the MSCI Emerging Markets index, the Russell 2000 index and the Euro Stoxx 50 index. Each index has a 25% weight.

The payout at maturity will be par plus two times any basket gain, up to a maximum return of par plus 17.62%.

If the basket level falls by up to 10% of its initial level, the payout will be par. Investors will lose 1% for every 1% that the basket declines beyond 10%.

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:Capped Leveraged Index Return Notes
Underlying indexes:S&P 500 index, MSCI Emerging Markets index, Russell 2000 index and Euro Stoxx 50 index (25% weights, equally weighted)
Amount:$3,558,270
Maturity:April 26, 2024
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 200% of any basket gain, capped at 17.62%; par if basket falls by up to 10%; otherwise, lose 1% for every 1% of basket decline beyond 10%
Initial index levels:4,211.47 for S&P, 1,364.54 for MSCI EM, 2,295.456 for Russell, 3,996.9 for Stoxx
Buffer level:90% of initial basket level
Pricing date:April 29, 2021
Settlement date:May 6, 2021
Agent:BofA Securities, Inc.
Fees:2.25%
Cusip:09710D350

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