New Issue: BofA prices $20.25 million 9.8% contingent income autocallable yield notes on Russell, S&P

New York, March 23 – BofA Finance LLC priced $20.25 million of contingent income autocallable yield notes due March 19, 2026 linked to the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 9.8%, paid quarterly, if each underlying index closes at or above its 75% coupon barrier on the related quarterly observation date.

The securities may be called automatically starting in March 2024 at par if the level of each underlier is greater than or equal to its initial price and on any subsequent quarterly observation date.

If the worst performing index gains or ends above its 75% threshold value the payout at maturity will be par plus the contingent coupon. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below its threshold value.

The notes are guaranteed by Bank of America Corp.

BofA Securities is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Contingent income autocallable yield notes
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$20.25 million
Maturity:	March 19, 2026
Coupon:	9.8%, paid quarterly, if each underlying index closes at or above its 75% coupon barrier on the related quarterly observation date
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its 75% threshold value, par; 1% loss for every 1% that worst performing index declines if it finishes below its threshold value
Call:	Automatically starting in March 2024 at par if the level of each underlier is greater than or equal to its initial price and on any subsequent quarterly observation date
Initial levels:	1,771.237 for Russell 2000 Index, 3,960.28 for S&P 500 Index
Downside thresholds:	1,328.428 for Russell 2000 Index, 2,970.21 for S&P 500 Index, 75% of initial level
Coupon barriers:	1,328.428 for Russell 2000 Index, 2,970.21 for S&P 500 Index, 75% of initial levels
Pricing date:	March 17
Settlement date:	March 22
Agent:	BofA Securities
Fees:	1.8%
Cusip:	09709VN44

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