New Issue: BofA prices $1.52 million contingent income autocallable yield notes on three SPDR ETFs

New York, Nov. 6 – BofA Finance LLC priced $1.52 million of contingent income autocallable yield notes due Nov. 4, 2025 linked to the Energy Select Sector SPDR Fund, the Financial Select Sector SPDR Fund and the SPDR S&P Biotech ETF, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 10.35%, paid quarterly, if each underlier closes at or above its 50% coupon barrier on the related quarterly observation date, plus any previously unpaid coupons.

The securities will be called automatically at par if the closing level of each underlier is greater than or equal to its initial level on any quarterly observation date starting in April 2024.

If the worst performing asset finishes at or above its 50% threshold value, the payout at maturity will be par plus the contingent coupon.

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 autocallable yield notes
Underlying assets:	Energy Select Sector SPDR Fund, Financial Select Sector SPDR Fund and SPDR S&P Biotech ETF
Amount:	$1,517,000
Maturity:	Nov. 4, 2025
Coupon:	10.35%, paid quarterly, if each underlier closes at or above its 50% coupon barrier on the related quarterly observation date, plus any previously unpaid coupons
Price:	Par
Payout at maturity:	If worst performing asset finishes at or above its 50% threshold value, par; otherwise, 1% loss for every 1% that worst performing asset declines from initial level
Call:	Automatically at par if the closing level of each underlier is greater than or equal to its initial level on any quarterly observation date starting in April 2024
Initial levels:	$84.91 for Energy Select Sector SPDR Fund, $32.01 for Financial Select Sector SPDR Fund, $65.19 for SPDR S&P Biotech ETF
Downside thresholds:	$42.46 for Energy Select Sector SPDR Fund, $16.01 for Financial Select Sector SPDR Fund, $32.60 for SPDR S&P Biotech ETF, 50% of initial levels
Coupon barriers:	$42.46 for Energy Select Sector SPDR Fund, $16.01 for Financial Select Sector SPDR Fund, $32.60 for SPDR S&P Biotech ETF, 50% of initial levels
Pricing date:	Oct. 30
Settlement date:	Nov. 2
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	09710P2Q8

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