New Issue: BofA prices $32.82 million of trigger callable contingent yield notes on three indexes

By Wendy Van Sickle

Columbus, Ohio, April 13 – BofA Finance LLC priced $32.82 million of trigger callable contingent yield notes with daily coupon observation due July 7, 2025 linked to the least performing of the Nasdaq-100 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The notes will pay a contingent quarterly coupon at an annual rate of 10.5% if each index closes at or above its coupon barrier, 70% of its initial level, every day that period.

The notes may be called at the option of the issuer at par of $10 plus any contingent coupon due on any quarterly observation date.

The payout at maturity will be par plus the final coupon if each index finishes at or above the coupon barrier.

If the worst performer finishes below the coupon barrier but at or above the downside threshold level, 55% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline of the worst performer from its initial level.

UBS Financial Services Inc. and BofA Securities, Inc. are the agents.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Trigger callable contingent yield notes with daily coupon observation
Underlying indexes:	Nasdaq-100 index, Russell 2000 index, Dow Jones industrial average
Amount:	$32,820,300
Maturity:	July 7, 2025
Coupon:	10.5% annual rate, payable quarterly if each index closes at or above coupon barrier every day that period
Price:	Par of $10
Payout at maturity:	Par plus the final coupon if each index finishes at or above coupon barrier; if worst performer finishes below coupon barrier but at or above downside threshold, par; otherwise, 1% loss for each 1% decline of worst performing index from initial level
Call:	At par plus any coupon due on any quarterly observation date
Initial index levels:	14,861.21 for Nasdaq, 2,091.11 for Russell, 34,818.27 for Dow
Coupon barrier levels:	10,402.85 for Nasdaq, 1,463.777 for Russell, 24,372.79 for Dow; 70% of initial levels
Downside thresholds:	8,173.67 for Nasdaq, 1,150.111 for Russell, 19,150.05 for Dow; 55% of initial levels
Pricing date:	April 1
Settlement date:	April 6
Agents:	UBS Financial Services Inc. and BofA Securities, Inc.
Fees:	1%
Cusip:	09710G882

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