New Issue: BofA prices $1.82 million contingent income issuer callable yield notes on S&P

New York, May 26 – BofA Finance LLC priced $1.82 million of contingent income issuer callable yield notes due May 24, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.25%, paid monthly, if the underlying index closes at or above its 70% coupon barrier on the related monthly observation date.

The securities may be called at par on any monthly call determination date starting May 23, 2024.

If the index finishes at or above its 60% threshold value, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the index 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 issuer callable yield notes
Underlying index:	S&P 500 index
Amount:	$1,817,000
Maturity:	May 24, 2028
Coupon:	8.25%, paid monthly, if the underlying index closes at or above its 70% coupon barrier on the related monthly observation date
Price:	Par
Payout at maturity:	If index finishes at or above its 60% threshold value, par; otherwise, 1% loss for every 1% that index declines from initial level
Call option:	At par on any monthly call determination date starting May 23, 2024
Initial level:	4,191.98
Downside threshold:	2,515.19, 60% of initial level
Coupon barrier:	2,934.39, 70% of initial level
Pricing date:	May 19
Settlement date:	May 24
Agent:	BofA Securities, Inc.
Fees:	0.25%
Cusip:	09709VX35

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