Filed Pursuant to
Rule 433
Registration No. 333-213265-01
MITTS® Linked to a Global Equity Index Basket | 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 two years | |
Market Measure | A global equity index basket comprised of the S&P 500® Index (Bloomberg symbol: SPX) and the EURO STOXX 50® Index (Bloomberg symbol: SX5E). Each Basket Component is a price return index. Each of the S&P 500® Index and the EURO STOXX 50® Index will be given an initial weight of 50.00% | |
Payout Profile at Maturity | ● Between [45% and 65%] participation in increases in the Market Measure ● If the Market Measure decreases, payment at maturity will be the principal amount | |
Participation Rate | Between [45% and 65%]. The actual Participation Rate will be determined on the pricing date. | |
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. |
● | Due to the Participation Rate, your investment return will be less than a comparable investment directly in the stocks included in the Basket Components. |
● | Changes in the level of one of the Basket Components may be offset by changes in the level of the other Basket Components. |
● | 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 Basket Components, and you will not be entitled to receive securities or dividends or other distributions by the issuers of those securities. |
● | Your return on the notes may be affected by factors affecting the international securities markets, specifically changes within the Eurozone. The Eurozone is and has been undergoing severe financial stress, and the political, legal and regulatory ramifications are impossible to predict. Changes within the Eurozone could adversely affect the performance of the SX5E and, consequently, the value of the notes. In addition, you will not obtain the benefit of any increase in the value of the euro against the U.S. dollar, which you would have received if you had owned the securities in the SX5E during the term of your notes, although the level of the SX5E may be adversely affected by general exchange rate movements in the market. |