New Issue: BofA prices $17 million trigger callable contingent yield notes on three indexes

By Wendy Van Sickle

Columbus, Ohio, April 26 – BofA Finance LLC priced $17 million of trigger callable contingent yield notes due April 25, 2031 linked to the worst performing of the Euro Stoxx 50 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The notes will pay a contingent quarterly coupon at a rate of 9.1% per year if each index closes at or above its coupon barrier level, 70% of its initial level, on the observation date for that period.

The notes will be callable at par of $10 plus any coupon otherwise due on any quarterly observation date.

If the notes are not called and each index finishes at or above the 70% coupon barrier, the payout at maturity will be par plus the final coupon.

If any index declines below the coupon barrier but each index finishes at or above the downside threshold level, 50% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline of the worst performing index from its initial level.

UBS Financial Services Inc. and BofA Securities, Inc. are the agents.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Trigger callable contingent yield notes
Underlying indexes:	Euro Stoxx 50 index, Russell 2000 index, S&P 500 index
Amount:	$17 million
Maturity:	April 25, 2031
Coupon:	9.1% per year, payable quarterly if each index closes at or above its coupon barrier level on observation date
Price:	Par of $10
Payout at maturity:	Par plus coupon if each index finishes at or above coupon barrier; if worst performer finishes below coupon barrier but at or above downside threshold level, par; otherwise, 1% loss for every 1% decline of worst performing index from its initial level
Call option:	At par plus any coupon due on any quarterly observation date
Initial levels:	1,967.472 for Russell, 5,010.6 for S&P, 4,936.85 for Stoxx
Coupon barriers:	1,377.23 for Russell, 3,507.42 for S&P, 3,455.8 for Stoxx; 70% of initial levels
Downside thresholds:	983.736 for Russell, 2,505.3 for S&P, 2,468.43 for Stoxx; 50% of initial levels
Pricing date:	April 22
Settlement date:	April 25
Agents:	UBS Financial Services Inc. and BofA Securities, Inc.
Fees:	2%
Cusip:	09710R227

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