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Published on 12/1/2022 in the Prospect News Structured Products Daily.

New Issue: BofA sells $1.05 million enhanced return notes on S&P, Russell, Nasdaq

Chicago, Dec. 1 – BofA Finance LLC priced $1.05 million of 0% enhanced return notes due March 22, 2027 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If all indexes gain, the payout at maturity will be par plus 1.6 times the index gain of the worst performer.

If any index declines by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the worst performing index declines from its initial level.

BofA Securities, Inc. is the selling agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Enhanced return notes
Underlying indexes:S&P 500 index, Russell 2000 index and Nasdaq-100 index
Amount:$1,045,000
Maturity:March 22, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.6 times any index gain of least performing index; if any index declines by up to 30%, par; otherwise, investors will lose 1% for every 1% the worst performing index declines from its initial level
Initial levels:14,118.60 for Nasdaq, 4,411.67 for S&P, 2,065.019 for Russell
Threshold levels:9,883.02 for Nasdaq, 3,088.17 for S&P, 1,445.513 for Russell; 70% of initial levels
Pricing date:March 17
Settlement date:March 22
Selling agent:BofA Securities, Inc.
Fees:0.625%
Cusip:09709UH50

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