Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
June 04 2019 - 1:57PM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration No. 333-213265
-01
AUTOCALLABLE MARKET-LINKED STEP UP NOTES
|
Autocallable Market-Linked Step Up Notes Linked to the Russell 2000
®
Index
|
This graph
assumes that the notes are not called on any Observation Date and
reflects the hypothetical return on the notes
at maturity
. This graph has been prepared for purposes of illustration only
.
|
Issuer
|
BofA Finance LLC (
BofA
Finance
)
|
Guarantor
|
Bank of America Corporation (
BAC
)
|
Principal Amount
|
$10.00 per unit
|
Term
|
Approximately
five
years, if not called
|
Market Measure
|
The
Russell 2000
®
Index
(Bloomberg symbol: RTY)
|
Automatic Call
|
The notes will be called automatically on any Observation Date if the closing level of the Market Measure is equal to or greater than the Call Level
|
Call Level
|
100% of the Starting Value
|
Observation Dates
|
Approximately one year,
two
years, three years and four years
from the pricing date
|
Call Amount
|
[$
10.60
to $10.
70
] if called
on the first Observation Date
,
[$11.2
0 to $11.
4
0] if called on the second Observation Date, [$11.
80 to $12.10
] if called on the th
ird Observation Date, and [$12.4
0 to $12.
8
0] if called on the
final
Observation Date
,
each
to be determined on the pricing date
|
Payout Profile at Maturity
|
●
If the Market Measure is flat or increases up to the Step Up Value, a return equal to the Step Up Payment
●
If the Market Measure increases above the Step Up Value, a return equal to the percentage increase in the Market Measure
●
1-to-1 downside exposure to decreases in the Market Measure
beyond a 15% decline,
with up
to 85
% of your principal at risk
|
Step Up Value
|
13
5
% of the Starting Value
|
Step Up Payment
|
$3
.50 per unit, a 35
% return over the principal amount
|
Threshold Value
|
85
% of the Starting Value
|
Interest Payments
|
None
|
Preliminary Offering Documents
|
|
Exchange
Listing
|
No
|
You should read the relevant
Preliminary Offering Documents
before you invest.
Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.
Risk Factors
Please see the
Preliminary Offering Documents
for a description of certain risks related to this investment, including, but not limited to, the following:
●
|
If your notes are not called prior to maturity, your investment may result in a loss; there is no guaranteed return of principal.
|
●
|
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.
|
●
|
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.
|
●
|
If called, your re
turn on the notes
is limited to the applicable Call Premium.
|
●
|
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.
|
Final terms will be set on the pricing date
within the given range for the specified Market-Linked Investment. Please see the
Preliminary Offering Documents
for complete product disclosure, including related risks and tax disclosure.
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