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 Nasdaq-100® Index, the
Russell 2000® Index and the EURO STOXX® Banks Index (the “Notes”) provide a quarterly Contingent Coupon
Payment of $23.00 on the applicable Contingent Payment Date if, on any quarterly Observation Date, the
Observation Value of each Underlying is greater than or equal to its Coupon Barrier. Beginning in May 2020, if
the Observation Value of each Underlying is greater than or equal to its Starting Value on any 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 18 months, unless previously automatically called.
Underlyings:
The Nasdaq-100® Index (the “NDX”) (Bloomberg symbol: “NDX”), the Russell
2000® Index (the “RTY”) (Bloomberg symbol: “RTY”) and the EURO STOXX®
Banks Index (the “SX7E”) (Bloomberg symbol: “SX7E”)
Pricing and Issue Dates*: February 21, 2020 and February 26, 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, 70% of its Starting Value.
Knock-In Event: The closing level of any Underlying falls below its Threshold Value on any
trading day during the Knock-In Period.
Knock-In Period: The period from but excluding the pricing date to and including the Valuation
Date.
Contingent Coupon Payment*:
If, on any quarterly 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 $23.00 per $1,000 in principal amount of Notes
(equal to a rate of 2.30% per quarter or 9.20% per annum) on the applicable
Contingent Payment Date (including the Maturity Date)..
Automatic Call:
Beginning in May 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: $930-$970 per Note.
Underwriting Discount:* $25.00 (2.50% of the public offering price) per Note.
CUSIP: 09709TA43
Preliminary Pricing Supplement: [*]
* 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
Ending Value
of the
Least
Performing
Underlying
Underlying
Return of the
Least Performing
Underlying
Redemption
Amount per Note,
assuming a Knock-In
Event has not
occurred
Return
on the Notes,
assuming a Knock-
In Event has not
occurred (1)
Redemption
Amount per Note,
assuming a Knock-In
Event has occurred
Return
on the Notes,
assuming a Knock-
In Event has
occurred(1)
160.00 60.00% $1,023.00(2) 2.30% $1,023.00(2) 2.30%
150.00 50.00% $1,023.00 2.30% $1,023.00 2.30%
140.00 40.00% $1,023.00 2.30% $1,023.00 2.30%
130.00 30.00% $1,023.00 2.30% $1,023.00 2.30%
120.00 20.00% $1,023.00 2.30% $1,023.00 2.30%
110.00 10.00% $1,023.00 2.30% $1,023.00 2.30%
105.00 5.00% $1,023.00 2.30% $1,023.00 2.30%
102.00 2.00% $1,023.00 2.30% $1,023.00 2.30%
100.00(3) 0.00% $1,023.00 2.30% $1,023.00 2.30%
90.00 -10.00% $1,023.00 2.30% $923.00 -7.70%
80.00 -20.00% $1,023.00 2.30% $823.00 -17.70%
70.00(4) -30.00% $1,023.00 2.30% $723.00 -27.70%
69.99 -30.01% N/A N/A $699.90 -30.01%
50.00 -50.00% N/A N/A $500.00 -50.00%
25.00 -75.00% N/A N/A $250.00 -75.00%
0.00 -100.00% N/A N/A $0.00 -100.00%
You will receive:
$1,000 + ($1,000 x Underlying Return of the Least
Performing Underlying)
In this case the Redemption Amount will be less than
the principal amount and could be zero.
Is the Ending Value of the Least Performing Underlying greater than or equal to its Starting Value?
Did a Knock-in Event occur?
No Yes
Yes No
You will receive:
$1,000 You will receive:
$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.

BofA Finance LLC
Contingent Income Auto-Callable Yield Notes
Fully and Unconditionally Guaranteed by Bank of America Corporation
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 Early 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 Knock-In Period will be the period from but excluding the pricing date to and including the
Valuation Date.
? The Notes are subject to risks associated with small-size capitalization companies.
? The Notes are subject to risks associated with foreign securities markets.
? The Notes are subject to risks associated with the banking industry.
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 February 18, 2020, 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.