Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
June 09 2017 - 11:31AM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration No. 333-213265
-01
MARKET-LINKED STEP UP NOTES
|
Market-Linked Step Up Notes Linked to a Global Equity 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 four years
|
Market Measure
|
A global equity basket comprised of
the
S&P 500
®
Index (Bloomberg symbol: SPX) and
the
EURO STOXX 50
®
Index (Bloomberg symbol: SX5E). The S&P 500
®
Index will be given an initial weight of 70% and the EURO STOXX 50
®
Index will be given an initial weight of 30%
|
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 5% decline, with up to 95% of your principal at risk
|
Step Up Value
|
[126% to 132%
]
of the Starting Value, to be determined on the pricing date
|
Step Up Payment
|
[$2.60 to $3.20] per unit, a [26% to 32%
]
return over the principal amount, to be determined on the pricing date
|
Threshold Value
|
95% 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:
●
|
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
and 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.
|
●
|
Changes in the
level
of one of the Basket Components may be offset by changes in the
level
of the other Basket Component.
|
●
|
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.
|
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.
BofA
Finance LLC (BofA Finance
)
and Bank of America Corporation (BAC) have
filed a registration statement (wh
ich includes a prospectus) with
the Securities and Exchange Commission (SEC) for the notes that are described in this
Guidebook. Before you invest, you
should
carefully read the prospectus in that registration statement and
other documents that
BofA Finance and BAC have
filed with the SEC for more complete information about
BofA Finance,
BAC and any
offering described in this Guidebook. You may obtain these documents without cost by visiting EDGAR
on the SEC website at www.sec.gov. BofA Finance
's Central
Ind
ex Key, or ClK, on the SEC website is
1682472 and BAC’s CIK on the SEC website is
70858.
Alternatively, Merrill Lynch will arrange to send you the prospectus and other documents relating to any
offering described in this document if you so request by calling toll-free 1-8
00
-294-1322.
BofA Finance and BAC face
risks
that are specific to
their respective
business
es
, and we encourage you to carefully consider these risks before making an
investment in
their respective
securities.
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