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BML-L Bank of America Corporation

22.36
-0.09 (-0.40%)
01 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Bank of America Corporation NYSE:BML-L NYSE Preference Share
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.09 -0.40% 22.36 22.64 22.41 22.41 10,738 01:00:00

Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses

11/03/2024 5:59pm

Edgar (US Regulatory)


ACCELERATED RETURN NOTES® (ARNs®)
Filed Pursuant to Rule 433
Registration No. 333-268718
Accelerated Return Notes® Linked to the S&P SmallCap 600® Index
Issuer
BofA Finance LLC (“BofA Finance”)
Guarantor
Bank of America Corporation (“BAC”)
Principal Amount
$10.00 per unit
Term
Approximately 14 months
Market Measure
The S&P SmallCap 600® Index (Bloomberg symbol: "SML")
Payout Profile at Maturity
   
3-to-1 upside exposure to increases in the Market Measure, subject to the Capped Value 
   
1-to-1 downside exposure to decreases in the Market Measure, with 100% of your principal at risk
Capped Value
[$11.60 to $12.00] per unit, a [16.00% to 20.00%] return over the principal amount, to be determined on the pricing date.
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: 
   
Depending on the performance of the Market Measure as measured shortly before the maturity date, 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.
   
Your investment return, if any, 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.
   
The notes are subject to risks associated with small-size capitalization companies.
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. 
The graph above and the table below reflect the hypothetical return on the notes, based on the terms contained in the table to the left (using the mid-point for any range(s)).  The graph and the table have been prepared for purposes of illustration only and do not take into account any tax consequences from investing in the notes.
Hypothetical Percentage Change from the Starting Value to the Ending Value
Hypothetical Redemption Amount per Unit
Hypothetical Total Rate of Return on the Notes
-100.00%
$0.00
-100.00%
-50.00%
$5.00
-50.00%
-20.00%
$8.00
-20.00%
-10.00%
$9.00
-10.00%
-6.00%
$9.40
-6.00%
-3.00%
$9.70
-3.00%
0.00%
$10.00
0.00%
2.00%
$10.60
6.00%
5.00%
$11.50
15.00%
6.00%
    $11.80(1)
18.00%
10.00%
$11.80
18.00%
20.00%
$11.80
18.00%
30.00%
$11.80
18.00%
40.00%
$11.80
18.00%
50.00%
$11.80
18.00%
60.00%
$11.80
18.00%
(1)   
The Redemption Amount per unit cannot exceed the hypothetical Capped Value.




1 Year Bank of America Chart

1 Year Bank of America Chart

1 Month Bank of America Chart

1 Month Bank of America Chart