New Issue: BofA sells $2.33 million contingent income issuer callable yield notes on three indexes

By William Gullotti

Buffalo, N.Y., Jan. 23 – BofA Finance LLC priced $2.33 million of contingent income issuer callable yield notes due Jan. 21, 2028 linked to the worst 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 will pay a contingent quarterly coupon at an annual rate of 10.3% if each underlying index closes at or above its 65% coupon barrier on the observation date for that period.

The notes are callable at par plus any coupon otherwise due on any quarterly determination date.

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

If the worst performing index finishes below its coupon barrier but at or above its 60% threshold level, the payout will be par. Otherwise, investors will be fully exposed to the decline of the worst performing index from its initial level.

The notes are guaranteed by Bank of America Corp.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Contingent income issuer callable yield notes
Underlying indexes:	Nasdaq-100 index, Russell 2000, Dow Jones industrial average
Amount:	$2,329,000
Maturity:	Jan. 21, 2028
Coupon:	10.3% annualized rate, payable quarterly if each index closes at or above its coupon barrier on observation date for that period
Price:	Par
Payout at maturity:	If each index finishes at or above coupon barrier, par plus final coupon; if worst performing index finishes below coupon barrier but not below downside threshold, par; otherwise, 1% loss for each 1% decline of worst performing index from initial level
Call option:	At par plus any coupon due on any quarterly determination date
Initial levels:	11,410.29 Nasdaq, 1,854.365 for Russell, 33,296.96 for Dow
Coupon barriers:	7,416.69 for Nasdaq, 1,205.337 for Russell, 21,643.02 for Dow; 65% of initial levels
Downside thresholds:	6,846.17 for Nasdaq, 1,112.619 for Russell, 19,978.18 for Dow; 60% of initial levels
Pricing date:	Jan. 18
Settlement date:	Jan. 23
Selling agent:	BofA Securities, Inc.
Fees:	0.55%
Cusip:	09709VEP7

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