Filed Pursuant to
Rule 433
Registration No. 333-213265-01
MITTS® Linked to the S&P 500® Index | This graph reflects the hypothetical return on the notes, based on the mid-point of the range(s) set forth in the table to the left. This graph has been prepared for purposes of illustration only. | |
Issuer | BofA Finance LLC (BofA Finance) | |
Guarantor | Bank of America Corporation (BAC) | |
Principal Amount | $10.00 per unit | |
Term | Approximately six years | |
Market Measure | The S&P 500® Index (Bloomberg symbol: SPX) | |
Payout Profile at Maturity | ● 100% participation in increases in the Market Measure, subject to the Capped Value ● If the Market Measure decreases, payment at maturity will be the principal amount | |
Capped Value | [$15.00 to $17.00] per unit, a [50% to 70%] return over the principal amount, to be determined on the pricing date | |
Participation Rate | 100% | |
Minimum Redemption Amount | $10.00 per unit | |
Interest Payments | None | |
Preliminary Offering Documents | ||
Exchange Listing | No |
● | Depending on the performance of the Market Measure as measured shortly before the maturity date, you may not earn a return on your investment. |
● | Payments on the notes are subject to the credit risk of BofA Finance and the credit risk of BAC, and actual or perceived changes in the creditworthiness of BofA Finance or BAC are expected to affect the value of the notes. If BofA Finance and BAC become insolvent or are unable to pay their respective obligations, you may lose your entire investment. |
● | Your investment return is limited to the return represented by the Capped Value and may be less than a comparable investment directly in the stocks included in the Market Measure. |
● | The initial estimated value of the notes on the pricing date will be less than their public offering price. |
● | If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date. |
● | You will have no rights of a holder of the securities represented by the Market Measure, and you will not be entitled to receive securities or dividends or other distributions by the issuers of those securities. |