Feed to the latest filings at the SEC
Date Filed : May 25, 2023
Terms of the Notes
The Contingent Income Issuer Callable Yield Notes Linked tothe Least Performing of the Nasdaq-100® Index, the Russell 2000® Index and the S&P 500® Index (the“Notes”) provide a monthly Contingent Coupon Payment of $9.583 on the applicable Contingent Payment Date if, on any monthlyObservation Date, the Observation Value of each Underlying is greater than or equal to its Coupon Barrier. Beginning on September20, 2023, and on each monthly Call Date thereafter, we have the right to redeem all, but not less than all, of the Notes at 100% of theprincipal amount, together with the relevant Contingent Coupon Payment. No further amounts will be payable following an Optional EarlyRedemption. If the Notes are not called, at maturity you will receive the Redemption Amount, calculated as described under “RedemptionAmount Determination”.
* 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 previously called)
Hypothetical Returns at Maturity
(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 is the Underlying Return which corresponds to the Coupon Barrier and Threshold Value of the Least Performing Underlying.
Risk Factors
You may revoke your offer to purchase the Notes at any timeprior 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 rejectany 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 andyou will be asked to accept such changes in connection with your purchase. You may also choose to reject such changes in which case wemay reject your offer to purchase.
Please see the Preliminary Pricing Supplement for complete productdisclosure, including related risks and tax disclosure.
This fact sheet is a summary of the terms of the Notes andfactors that you should consider before deciding to invest in the Notes. BofA Finance has filed a registration statement (including preliminarypricing supplement, product supplement, prospectus supplement and prospectus) with the Securities and Exchange Commission, or SEC, forthe offering to which this fact sheet relates. Before you invest, you should read this fact sheet together with the Preliminary PricingSupplement dated May 25, 2023, Product Supplement EQUITY-1 dated December 30, 2022 and Prospectus Supplement and Prospectus dated December30, 2022 to understand fully the terms of the Notes and other considerations that are important in making a decision about investing inthe Notes. If the terms described in the applicable Preliminary Pricing Supplement are inconsistent with those described herein, the termsdescribed in the applicable Preliminary Pricing Supplement will control. You may get these documents without cost by visiting EDGAR onthe SEC Web site at sec.gov or by clicking on the hyperlinks to each of the respective documents incorporated by reference in the PreliminaryPricing Supplement. Alternatively, BofA Finance, any agent or any dealer participating in this offering will arrange to send you the PreliminaryPricing Supplement, Product Supplement EQUITY-1 and Prospectus Supplement and Prospectus if you so request by calling toll-free at 1-800-294-1322.
