Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
21 March 2017 - 3:39AM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration No. 333-213265
-01
ACCELERATED RETURN NOTES
®
(ARNs
®
)
|
Accelerated Return Notes
®
Linked to the Gold Futures Contract
|
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 14 months
|
Market Measure
|
The Front-Month Gold Futures Contract (the Gold Futures Contract), which is the front-month
gold
futures contract traded on
COMEX
under the symbol GC1.
|
Payout Profile at Maturity
|
●
3-to-1 upside exposure to increases in the price of the Market Measure, subject to the Capped Value
●
1-to-1 downside exposure to decreases in the price of the Market Measure, with 100% of your
investment
at risk
|
Capped Value
|
[$10.95 to $11.35] per unit, a [9.5% to 13.5%] return over the
principal amount
,
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.
|
●
|
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
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.
|
●
|
Your investment return
is limited to the return represented by the Capped Value and may be less than a comparable investment directly in gold, as measured by the Market Measure.
|
●
|
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 not be entitled to any rights with respect to the Market Measure or any related futures contracts.
|
●
|
The notes will not be regulated by the U.S. Commodity Futures Trading Commission. Changes in laws or regulations may affect the value of the notes.
|
●
|
There are risks associated with investing in futures contracts for gold or gold-linked notes.
|
●
|
The price movements in the futures contract represented by the Market Measure may not correlate with changes in the spot price of gold.
|
Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please see the
Preliminary Offering D
ocuments
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 1-866-294-1322.
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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