BofA Finance LLC
Contingent Income Auto-Callable Yield Notes
Fully and Unconditionally Guaranteed by Bank of America Corporation
Bank of America
Filed pursuant to Rule 433
Registration Statement No . 333-234425
Terms of the Notes
The Contingent Income Auto-Callable Yield Notes Linked to the Least Performing of the Common Stock of
Costco Wholesale Corporation, the Common Stock of International Business Machines Corporation and
the Common Stock of Morgan Stanley. (the “Notes”) provide a monthly Contingent Coupon Payment of
between [$7.0834 and $7.9167] (set on the pricing date) on the applicable Contingent Payment Date if, on
the related monthly Observation Date, the Observation Value of each Underlying Stock is greater than or
equal to its Coupon Barrier. Beginning in July 2020, if the Observation Value of each Underlying Stock is
greater than or equal to its Starting Value on the relevant Observation Date occurring each quarter, the
Notes will be automatically called, in whole but not in part, at an amount equal to 100% of the principal
amount, together with the relevant Contingent Coupon Payment. No further amounts will be payable
following an Automatic Call. If the Notes are not automatically called, at maturity you will receive the
Redemption Amount, calculated as described under “Redemption Amount Determination”.
Issuer: BofA Finance LLC (“BofA Finance”)
Guarantor: Bank of America Corporation (“BAC”)
Term: Approximately 3 years, unless previously automatically called.
Underlying Stocks: The Common Stock of Costco Wholesale Corporation, the Common Stock of International
Business Machines Corporation and the Common Stock of Morgan Stanley
Pricing and Issue
Dates*: January 28, 2020 and January 31, 2020, respectively
Observation
Dates†*:
Monthly. Please see the Preliminary Pricing Supplement for further details.
Coupon Barrier: For each Underlying Stock, 60% of its Starting Value.
Threshold Value: For each Underlying Stock, 60% of its Starting Value.
Contingent Coupon
Payment*:
If, on any monthly Observation Date, the Observation Value of each Underlying Stock is
greater than or equal to its Coupon Barrier, we will pay a Contingent Coupon Payment of
between [$7.0834 and $7.9167] per $1,000 in principal amount of Notes (equal to a rate of
between [0.70834% and 0.79167%] per month or between [8.50% and 9.50%] per annum) on
the applicable Contingent Payment Date (including the Maturity Date). The actual Contingent
Coupon Payment will be determined on the pricing date.
Automatic Call:
Beginning in July 2020, all (but not less than all) of the Notes will be automatically called if the
Observation Value of each Underlying Stock is greater than or equal to its Starting Value on
the relevant Observation Date occurring each quarter. If the Notes are automatically called
the Early Redemption Amount will be paid on the applicable Contingent Payment Date.
Early Redemption
Amount:
For each $1,000 in principal amount of Notes, $1,000 plus the applicable Contingent Coupon
Payment.
Initial Estimated
Value Range: $920-$940 per Note.
Underwriting
Discount:* $32.50 (3.25% of the public offering price) per Note.
CUSIP: 09709TYY1
Preliminary Pricing
Supplement: https://www.sec.gov/Archives/edgar/data/70858/000089109220000526/e7971_424b2.htm
* Subject to change.
† Subject to adjustment. Please see the Preliminary Pricing Supplement for further details.
Redemption Amount Determination
(assuming the Notes have not been automatically called)
Hypothetical Returns at Maturity
Underlying Stock Return of the
Least Performing Underlying Stock
Redemption
Amount per Note
Return
on the Notes(1)
60.00% $1,007.50005(2) 0.750005%
50.00% $1,007.50005 0.750005%
40.00% $1,007.50005 0.750005%
30.00% $1,007.50005 0.750005%
20.00% $1,007.50005 0.750005%
10.00% $1,007.50005 0.750005%
5.00% $1,007.50005 0.750005%
2.00% $1,007.50005 0.750005%
0.00% $1,007.50005 0.750005%
-10.00% $1,007.50005 0.750005%
-20.00% $1,007.50005 0.750005%
-30.00% $1,007.50005 0.750005%
-40.00%(3) $1,007.50005 0.750005%
-40.01% $599.90 -40.01%
-50.00% $500.00 -50.00%
-100.00% $0.00 -100.00%
(1) The “Return on the Notes” is calculated based on the Redemption Amount and potential final Contingent Coupon Payment, not including any
Contingent Coupon Payments paid prior to maturity.
(2) This amount represents the sum of the principal amount and the final Contingent Coupon Payment.
(3) This is the Underlying Return which corresponds to the Coupon Barrier and the Threshold Value of the Least Performing Underlying Stock.
Yes No
You will receive:
$1,000
You will receive per $1,000 Note:
$1,000 + ($1,000 x the Underlying Stock Return of the Least
Performing Underlying Stock)
In this case the Redemption Amount will be less than 60%
of the principal amount and could be zero
Is the Ending Value of the Least Performing Underlying Stock greater than or equal to its Threshold Value?

BofA Finance LLC
Contingent Income Auto-Callable Yield Notes
Fully and Unconditionally Guaranteed by Bank of America Corporation
Bank of America
Filed pursuant to Rule 433
Registration Statement No . 333-234425
Risk Factors
? Your investment may result in a loss; there is no guaranteed return of principal.
? Your return on the Notes is limited to the return represented by the Contingent Coupon
Payments, if any, over the term of the Notes
? The Notes are subject to a potential Automatic Call, which would limit your ability to receive the
Contingent Coupon Payments over the full term of the Notes.
? You may not receive any Contingent Coupon Payments and the Notes do not provide for any
regular fixed coupon payments.
? Your return on the Notes may be less than the yield on a conventional debt security of
comparable maturity.
? Any payments on the Notes are subject to the credit risk of BofA Finance and the Guarantor, and
actual or perceived changes in BofA Finance or the Guarantor’s creditworthiness are expected to
affect the value of the Notes.
? The public offering price you pay for the Notes will exceed their initial estimated value.
? We cannot assure you that a trading market for your Notes will ever develop or be maintained.
? The Contingent Coupon Payment, Early Redemption Amount or Redemption Amount, as
applicable, will not reflect the prices of the Underlying Stocks other than on the Observation
Dates or the Valuation Date, as applicable.
? Because the Notes are linked to the least performing (and not the average performance) of the
Underlying Stocks, you may not receive any return on the Notes and may lose some or all of your
principal amount even if the Observation Value or Ending Value of one Underlying Stock is always
greater than or equal to its Coupon Barrier or its Threshold Value, as applicable.
? The terms of the Notes will not be adjusted for all corporate events that could affect an issuer of
an Underlying Stock.
You may revoke your offer to purchase the Notes at any time prior to the time at which we accept such offer on the date the Notes are priced. We reserve the right to change the terms of, or reject any offer to purchase, the Notes prior to
their issuance. In the event of any changes to the terms of the Notes, we will notify you and you will be asked to accept such changes in connection with your purchase. You may also choose to reject such changes in which case we may reject
your offer to purchase.
Please see the Preliminary Pricing Supplement for complete product disclosure, including related risks and tax disclosure.
This fact sheet is a summary of the terms of the Notes and factors that you should consider before deciding to invest in the Notes. BofA Finance has filed a registration statement (including preliminary pricing supplement, product
supplement, prospectus supplement and prospectus) with the Securities and Exchange Commission, or SEC, for the offering to which this fact sheet relates. Before you invest, you should read this fact sheet together with the Preliminary
Pricing Supplement dated January 8, 2020, Product Supplement STOCK-1 dated January [•], 2020 and Prospectus Supplement and Prospectus dated December 31, 2019 to understand fully the terms of the Notes and other considerations
that are important in making a decision about investing in the Notes. If the terms described in the applicable Preliminary Pricing Supplement are inconsistent with those described herein, the terms described in the applicable Preliminary
Pricing Supplement will control. You may get these documents without cost by visiting EDGAR on the SEC Web site at sec.gov or by clicking on the hyperlinks to each of the respective documents incorporated by reference in the Preliminary
Pricing Supplement. Alternatively, BofA Finance, any agent or any dealer participating in this offering will arrange to send you the Preliminary Pricing Supplement, Product Supplement STOCK-1 and Prospectus Supplement and Prospectus if
you so request by calling toll-free at 1-800-294-1322.