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 Utilities Select
Sector SPDR® Fund, the Energy Select Sector SPDR® Fund and the Consumer Discretionary Select Sector
SPDR® Fund (the “Notes”) provide a quarterly Contingent Coupon Payment of at least $18.50 on the
applicable Contingent Payment Date if, on the related monthly Observation Date, the Observation Value
of each Underlying is greater than or equal to its Coupon Barrier. Beginning in July 2020, if the Observation
Value of each Underlying is greater than or equal to its Starting Value on any Observation Date (other than
the final Observation Date), 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 5 years, unless previously automatically called.
Underlyings:
The Utilities Select Sector SPDR® Fund (Bloomberg symbol: “XLU”), the Energy Select Sector
SPDR® Fund (Bloomberg symbol: “XLE”) and the Consumer Discretionary Select Sector SPDR®
Fund (Bloomberg symbol: “XLY”)
Pricing and Issue
Dates*: January 29, 2020 and January 31, 2020, respectively
Observation
Dates†*:
Quarterly. Please see the Preliminary Pricing Supplement for further details.
Coupon Barrier: For each Underlying, 70% of its Starting Value.
Threshold Value: For each Underlying, 60% of its Starting Value.
Contingent
Coupon
Payment*:
If, on any monthly Observation Date, the Observation Value of each Underlying is greater than
or equal to its Coupon Barrier, we will pay a Contingent Coupon Payment of at least $18.50 per
$1,000 in principal amount (a rate at least 7.40% per annum or at least 1.85% per quarter) on
the applicable Contingent Payment 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 is greater than or equal to its Starting Value on any
Observation Date (other than the final Observation Date). 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 principal amount of Notes, $1,000 plus the applicable Contingent Coupon
Payment.
Initial Estimated
Value Range: $925-$950 per Note.
Underwriting
Discount:* $32.50 (3.25% of the public offering price) per Note.
CUSIP: 09709TZE4
Preliminary Pricing
Supplement: https://www.sec.gov/Archives/edgar/data/1682472/000089109220000637/e8040_424b2.htm
* Subject to change prior to the Pricing Date.
† 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 Return of the
Least Performing Underlying
Redemption
Amount per Note
Return
on the Notes(1)
60.00% $1,018.50(2) 1.85%
50.00% $1,018.50 1.85%
20.00% $1,018.50 1.85%
10.00% $1,018.50 1.85%
5.00% $1,018.50 1.85%
2.00% $1,018.50 1.85%
0.00% $1,018.50 1.85%
-10.00% $1,018.50 1.85%
-20.00% $1,018.50 1.85%
-30.00%(3) $1,018.50 1.85%
-30.01% $1,000.000 0.0000%
-40.00%(4) $1,000.000 0. 0000%
-40.01% $599.900 -40.0100%
-50.00% $500.000 -50.0000%
-100.00% $0.000 -100.0000%
(1) The “Return on the Notes” is calculated based on the Redemption Amount and potential final Contingent
Coupon Payment (assuming the midpoint of the Contingent Coupon Payment Range), 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 of the Least Performing Underlying.
(4) This is the Underlying Return which corresponds to the Threshold Value of the Least Performing Underlying.
Yes No
You will receive per $1,000 Note:
$1,000. In addition, if the Ending Value of the
Least Performing Underlying is greater than or
equal to its Coupon Barrier, then you will
receive the final Contingent Coupon Payment.
You will receive per $1,000 Note:
$1,000 + ($1,000 x Underlying Return of the
Least Performing Underlying)
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 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 or Redemption Amount, as applicable, will not reflect the levels
of the Underlyings other than on the Observation Dates.
? Because the Notes are linked to the least performing (and not the average performance) of the
Underlyings, you may not receive any return on the Notes and may lose some or all of your
principal amount even if the Observation Value of one Underlying is always greater than or equal
to its Coupon Barrier or Threshold Value, as applicable.
? The stocks held by each Underlying are concentrated in one sector.
? The stocks of companies in the energy sector are subject to swift price fluctuations.
? Adverse conditions in the utilities sector may reduce your return on the notes.
? Adverse conditions in the consumer discretionary sector may reduce your return on the notes.
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 17, 2019, Product Supplement EQUITY-1 dated January 3, 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 EQUITY-1 and Prospectus Supplement and Prospectus if
you so request by calling toll-free at 1-800-294-1322.