0001481057-19-000176.txt : 20191209 0001481057-19-000176.hdr.sgml : 20191209 20191209093536 ACCESSION NUMBER: 0001481057-19-000176 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20191209 DATE AS OF CHANGE: 20191209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF AMERICA CORP /DE/ CENTRAL INDEX KEY: 0000070858 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 560906609 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-213265-01 FILM NUMBER: 191274473 BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043868486 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 FORMER COMPANY: FORMER CONFORMED NAME: BANKAMERICA CORP/DE/ DATE OF NAME CHANGE: 19981022 FORMER COMPANY: FORMER CONFORMED NAME: NATIONSBANK CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NCNB CORP DATE OF NAME CHANGE: 19920107 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF AMERICA CORP /DE/ CENTRAL INDEX KEY: 0000070858 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 560906609 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043868486 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 FORMER COMPANY: FORMER CONFORMED NAME: BANKAMERICA CORP/DE/ DATE OF NAME CHANGE: 19981022 FORMER COMPANY: FORMER CONFORMED NAME: NATIONSBANK CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NCNB CORP DATE OF NAME CHANGE: 19920107 FWP 1 bac-jgcekijq4pjvdlkj_2951bac.htm FWP
Filed Pursuant to Rule 433
Registration No. 333-213265-01
NOTES WITH ABSOLUTE RETURN BUFFER
Notes with Absolute Return Buffer Linked to the S&P 500® Index
Issuer
BofA Finance LLC (“BofA Finance”)
Guarantor
Bank of America Corporation (“BAC”)
Principal Amount
$10.00 per unit
Term
Approximately two years
Market Measure
The S&P 500® Index (Bloomberg symbol: “SPX”)
Payout Profile at Maturity
   
1-to-1 upside exposure to increases in the Market Measure, subject to the Capped Value 
   
A positive return equal to the absolute value of the percentage decline in the level of the Index only if the Index does not decline by more than [9.00% to 13.00%] (e.g., if the negative return of the Index is -5.00%, you will receive a positive return of +5.00%)
   
1-to-1 downside exposure to decreases in the Market Measure beyond a [9.00% to 13.00%] decline, with up to [91.00% to 87.00%] of your principal at risk
Capped Value
$11.00 per unit, a 10.00% return over the principal amount
Threshold Value
[91.00% to 87.00%] of the Starting Value of the Market Measure, 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.
   
Any positive return on the notes is limited. The notes provide for a positive return if the level of the Index increases or does not decrease by more than [9.00% to 13.00%]. However, any positive return on the notes based on the appreciation of the Index will be limited to the return represented by the Capped Value. In addition, the absolute value return feature applies only if the Ending Value is less than the Starting Value but greater than or equal to the Threshold Value. Because the Threshold Value will be [91.00% to 87.00%] of the Starting Value, any positive return due to the depreciation of the Market Measure will be limited to [9.00% to 13.00%]. The actual Threshold Value, and by extension, the cap on the positive return due to the depreciation of the Index, will be determined on the Pricing Date.
   
Any decline in the Ending Value from the Starting Value by more than [9.00% to 13.00%] will result in a loss, rather than a positive return, on the notes. 
   
Your investment return based on any increase in the level of the Market Measure 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. 
   
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.
   
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.
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 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%
$1.10
-89.00%
-50.00%
$6.10
-39.00%
-30.00%
$8.10
-19.00%
-20.00%
$9.10
-9.00%
-11.00%(1)
$11.10
11.00%
-10.00%
$11.00
10.00%
-6.00%
$10.60
6.00%
-3.00%
$10.30
3.00%
0.00%
$10.00
0.00%
2.00%
$10.20
2.00%
5.00%
$10.50
5.00%
10.00%
  $11.00(2)
10.00%
20.00%
$11.00
10.00%
30.00%
$11.00
10.00%
40.00%
$11.00
10.00%
50.00%
$11.00
10.00%
60.00%
$11.00
10.00%
80.00%
$11.00
10.00%
(1)     This hypothetical percentage change corresponds to the hypothetical Threshold Value.
(2)     The Redemption Amount per unit cannot exceed the Capped Value.

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