FWP 1 bofa-bac_fwp.htm FWP

AUTOCALLABLE STRATEGIC ACCELERATED REDEMPTION SECURITIES®

Filed Pursuant to Rule 433

Registration No. 333-290665

Autocallable Strategic Accelerated Redemption Securities® Linked to a Global Equity Index Basket

Issuer

BofA Finance LLC (“BofA Finance”)

Guarantor

Bank of America Corporation (“BAC”)

Principal Amount

$10.00 per unit

Term

Approximately three years, if not called on the first or second Observation Dates

Market Measure

A global equity index basket comprised of the Russell 2000^® Index (Bloomberg symbol: “RTY”), the S&P 500^® Index (Bloomberg symbol: “SPX”) and the EURO STOXX 50^® Index (Bloomberg symbol: “SX5E”). Each Basket Component is a price return index. The Russell 2000^® Index will be given an initial weight of 40.00% and each of the S&P 500^® Index and the EURO STOXX 50^® Index will be given an initial weight of 30.00%

Automatic Call

Automatic call if the Observation Level of the Market Measure on any of the Observation Dates is equal to or greater than the Starting Value

Observation Level

The value of the Market Measure on any Observation Date

Observation Dates

Approximately one, two and three years from the pricing date

Call Premium

In the event of an automatic call, the amount payable per unit will be:

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[$10.825 to $10.925] if called on the first Observation Date

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[$11.65 to $11.85] if called on the second Observation Date

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[$12.475 to $12.775] if called on the final Observation Date; each to be determined on the pricing date.

Payout Profile at Maturity

If not called, 1-to-1 downside exposure to decreases in the Market Measure, with up to 100% of your principal at risk

Threshold Value

100% of the Starting Value

Preliminary Offering Documents

https://www.sec.gov/Archives/edgar/data/70858/000191870426010735/bofa-424b2.htm

Exchange Listing

You should read the relevant Preliminary Offering Documents before you invest. Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.

Risk Factors

Please see the Preliminary Offering Documents for a description of certain risks related to this investment, including, but not limited to, the following:

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If the notes are not automatically called, your investment will result in a loss; there is no guaranteed return of principal.

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Payments on the notes are subject to the credit risk of BofA Finance and the credit risk of BAC, and actual or perceived changes in the creditworthiness of BofA Finance or BAC are expected to affect the value of the notes. If BofA Finance and BAC become insolvent or are unable to pay their respective obligations, you may lose your entire investment.

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Your investment return is limited to the return represented by the applicable Call Premium and may be less than a comparable investment directly in the stocks included in the Basket Components.

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The initial estimated value of the notes on the pricing date will be less than their public offering price.

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If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date.

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You will have no rights of a holder of the securities included in the Basket Components, and you will not be entitled to receive securities or dividends or other distributions by the issuers of those securities.

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Increases in the level of one of the Basket Components may be offset by decreases in the level of the other Basket Components. Due to the different Initial Component Weights, changes in the level of some Basket Components will have a more substantial impact on the value of the Basket than similar changes in the levels of the other Basket Components.

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The index sponsors may adjust each Basket Component in a way that affects its level, and the index sponsors have no obligation to consider your interests.

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Your return on the notes may be affected by factors affecting the international securities markets, specifically changes in the countries represented by the Basket Components. In addition, you will not obtain the benefit of any increase in the value of the currencies in which the securities included in the Basket Components trade against the U.S. dollar which you would have received if you had owned the securities in the Basket Components during the term of your notes, although the value of the Basket may be adversely affected by general exchange rate movements in the market.

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The notes are subject to risks associated with small-size capitalization companies.

Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please see the Preliminary Offering Documents for complete product disclosure, including related risks and tax disclosure. BofA Finance LLC (BofA Finance) and Bank of America Corporation (BAC) have filed a registration statement (which includes a prospectus) with the Securities and Exchange Commission (SEC) for the notes that are described in this Guidebook. Before you invest, you should carefully read the prospectus in that registration statement and other documents that BofA Finance and BAC have filed with the SEC for more complete information about BofA Finance, BAC and any offering described in this Guidebook. You may obtain these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. BofA Finance"s Central Index Key, or ClK, on the SEC website is 1682472 and BAC’s CIK on the SEC website is 70858. Alternatively, Merrill Lynch will arrange to send you the prospectus and other documents relating to any offering described in this document if you so request by calling toll-free 1-800-294-1322. BofA Finance and BAC face risks that are specific to their respective businesses, and we encourage you to carefully consider these risks before making an investment in their respective securities.

SEC Form FWP filed by Bank of America Corporation