AG寔繁郊圭

STOCK TITAN

[FWP] Bank of America Corporation Free Writing Prospectus

Filing Impact
(No impact)
Filing Sentiment
(Neutral)
Form Type
FWP
Rhea-AI Filing Summary

Bank of America Corporation has announced new Jump Securities with Auto-Callable Feature linked to the performance of the Russell 2000速 Index and S&P 500速 Index, maturing July 3, 2031. Key features include:

  • Principal Amount: $1,000 per security
  • Early Redemption Feature: Quarterly automatic redemption if both indices close at/above initial values, starting July 8, 2026
  • Early Redemption Payment: Approximately 9.10% per annum return
  • Maturity Payment Structure: - At least $1,546 if both indices are at/above initial values - $1,000 if indices are above 80% threshold - Below 80% threshold: Payment based on worst-performing index, possible total loss

The securities offer no regular interest payments or participation in index appreciation. Estimated initial value between $900-$960 per $1,000 principal. Key risks include potential principal loss, limited returns, early redemption risk, and credit risk of Bank of America Corporation.

Bank of America Corporation ha annunciato nuovi Jump Securities con funzione Auto-Callable legati alla performance dell'Indice Russell 2000速 e dell'Indice S&P 500速, con scadenza il 3 luglio 2031. Le caratteristiche principali includono:

  • Importo Principale: 1.000 $ per titolo
  • Funzione di Rimborso Anticipato: rimborso automatico trimestrale se entrambi gli indici chiudono al pari o sopra i valori iniziali, a partire dall'8 luglio 2026
  • Pagamento per Rimborso Anticipato: rendimento annuo approssimativo del 9,10%
  • Struttura del Pagamento a Scadenza: - Almeno 1.546 $ se entrambi gli indici sono pari o superiori ai valori iniziali - 1.000 $ se gli indici sono sopra la soglia dell'80% - Sotto la soglia dell'80%: pagamento basato sull'indice con la performance peggiore, possibile perdita totale

I titoli non prevedono pagamenti di interessi regolari n辿 partecipazione all'apprezzamento degli indici. Valore iniziale stimato tra 900 e 960 $ per 1.000 $ di capitale. Rischi chiave includono possibile perdita del capitale, rendimenti limitati, rischio di rimborso anticipato e rischio di credito di Bank of America Corporation.

Bank of America Corporation ha anunciado nuevos Jump Securities con funci坦n Auto-Callable vinculados al desempe単o del ndice Russell 2000速 y el ndice S&P 500速, con vencimiento el 3 de julio de 2031. Las caracter鱈sticas principales incluyen:

  • Monto Principal: 1.000 $ por valor
  • Funci坦n de Redenci坦n Anticipada: redenci坦n autom叩tica trimestral si ambos 鱈ndices cierran en o por encima de los valores iniciales, a partir del 8 de julio de 2026
  • Pago por Redenci坦n Anticipada: rendimiento aproximado del 9,10% anual
  • Estructura del Pago al Vencimiento: - Al menos 1.546 $ si ambos 鱈ndices est叩n en o por encima de los valores iniciales - 1.000 $ si los 鱈ndices est叩n por encima del umbral del 80% - Por debajo del umbral del 80%: pago basado en el 鱈ndice con peor desempe単o, posible p辿rdida total

Los valores no ofrecen pagos regulares de intereses ni participaci坦n en la apreciaci坦n de los 鱈ndices. Valor inicial estimado entre 900 y 960 $ por 1.000 $ de principal. Riesgos clave incluyen posible p辿rdida de capital, retornos limitados, riesgo de redenci坦n anticipada y riesgo crediticio de Bank of America Corporation.

Bank of America Corporation 2000速 讌� 覦� S&P 500速 讌�� 炎骸� 磯� 譟郁鍵 蠍磯レ� 讀蟠� 覦朱�, 襷蠍磯� 2031� 7� 3殊. 譯殊 轟 れ螻� 螳給:

  • 蠍 蠍: 讀蟠� 1,000
  • 譟郁鍵 蠍磯: 2026� 7� 8朱� 覿蠍磯襦 � 讌螳 豐蠍 螳豺� 伎 襷螳� 蟆曙
  • 譟郁鍵 讌蠍: 壱蠏� � 9.10% 給�
  • 襷蠍 讌蠍� 蟲譟: - � 讌螳 豐蠍 螳豺� 伎� 蟆曙 豕 1,546 讌蠍� - 讌螳 80% 蠍一� 伎� 蟆曙 1,000 讌蠍� - 80% 蠍一� 覩碁� 蟆曙 豕 炎骸 讌襯 蠍一朱 讌蠍�, 螳レ

� 讀蟠 蠍 伎 讌蠍企� 讌� 轟� 磯ジ 谿語襯� 螻牛讌 給. 豐蠍 螳豺 蠍 1,000� 900~960�. 譯殊 朱� 蠍 螳レ, � , 譟郁鍵 , Bank of America Corporation� � �.

Bank of America Corporation a annonc辿 de nouveaux Jump Securities avec fonction Auto-Callable li辿s la performance de l'indice Russell 2000速 et de l'indice S&P 500速, arrivant 辿ch辿ance le 3 juillet 2031. Les principales caract辿ristiques comprennent :

  • Montant principal : 1 000 $ par titre
  • Option de remboursement anticip辿 : remboursement automatique trimestriel si les deux indices cl担turent au-dessus ou leur valeur initiale, partir du 8 juillet 2026
  • Paiement en cas de remboursement anticip辿 : rendement annuel d'environ 9,10 %
  • Structure du paiement l'辿ch辿ance : - Au moins 1 546 $ si les deux indices sont au-dessus ou 辿gaux leur valeur initiale - 1 000 $ si les indices sont au-dessus du seuil de 80 % - En dessous du seuil de 80 % : paiement bas辿 sur l'indice le moins performant, risque de perte totale

Ces titres ne versent pas d'int辿r棚ts r辿guliers ni ne participent l'appr辿ciation des indices. Valeur initiale estim辿e entre 900 et 960 $ pour 1 000 $ de principal. Risques cl辿s : perte potentielle du capital, rendements limit辿s, risque de remboursement anticip辿 et risque de cr辿dit li辿 Bank of America Corporation.

Die Bank of America Corporation hat neue Jump Securities mit Auto-Callable-Funktion angek端ndigt, die an die Entwicklung des Russell 2000速 Index und des S&P 500速 Index gekoppelt sind und am 3. Juli 2031 f辰llig werden. Die wichtigsten Merkmale sind:

  • Nennbetrag: 1.000 $ pro Wertpapier
  • Fr端hzeitige R端ckzahlungsfunktion: Viertelj辰hrliche automatische R端ckzahlung, wenn beide Indizes auf oder 端ber den Anfangswerten schlieen, beginnend am 8. Juli 2026
  • Fr端hzeitige R端ckzahlungszahlung: Ca. 9,10 % j辰hrliche Rendite
  • Zahlungsstruktur bei F辰lligkeit: - Mindestens 1.546 $, wenn beide Indizes auf oder 端ber den Anfangswerten liegen - 1.000 $, wenn die Indizes 端ber der 80%-Schwelle liegen - Unterhalb der 80%-Schwelle: Zahlung basierend auf dem schlechtesten Index, m旦glicher Totalverlust

Die Wertpapiere bieten keine regelm辰igen Zinszahlungen oder Beteiligung an der Indexsteigerung. Gesch辰tzter Anfangswert zwischen 900 und 960 $ pro 1.000 $ Nennwert. Wesentliche Risiken umfassen potenziellen Kapitalverlust, begrenzte Renditen, Risiko der vorzeitigen R端ckzahlung und das Kreditrisiko der Bank of America Corporation.

Positive
  • Potential for significant returns with early redemption payments of at least 9.10% per annum if both indices perform well
  • Strong downside protection with no principal loss as long as neither index falls below 80% of initial value
  • Maximum potential payment at maturity of at least $1,546 (54.6% return) if held to maturity with positive index performance
Negative
  • Complete loss of principal possible if either index falls below 80% threshold at maturity
  • Upside participation is capped and investors don't participate in index appreciation beyond fixed returns
  • Securities are subject to Bank of America's credit risk and lack FDIC protection
  • No regular interest payments or dividends throughout the investment period
  • Initial estimated value ($900-$960) is significantly below the issue price ($1,000), indicating high embedded costs

Bank of America Corporation ha annunciato nuovi Jump Securities con funzione Auto-Callable legati alla performance dell'Indice Russell 2000速 e dell'Indice S&P 500速, con scadenza il 3 luglio 2031. Le caratteristiche principali includono:

  • Importo Principale: 1.000 $ per titolo
  • Funzione di Rimborso Anticipato: rimborso automatico trimestrale se entrambi gli indici chiudono al pari o sopra i valori iniziali, a partire dall'8 luglio 2026
  • Pagamento per Rimborso Anticipato: rendimento annuo approssimativo del 9,10%
  • Struttura del Pagamento a Scadenza: - Almeno 1.546 $ se entrambi gli indici sono pari o superiori ai valori iniziali - 1.000 $ se gli indici sono sopra la soglia dell'80% - Sotto la soglia dell'80%: pagamento basato sull'indice con la performance peggiore, possibile perdita totale

I titoli non prevedono pagamenti di interessi regolari n辿 partecipazione all'apprezzamento degli indici. Valore iniziale stimato tra 900 e 960 $ per 1.000 $ di capitale. Rischi chiave includono possibile perdita del capitale, rendimenti limitati, rischio di rimborso anticipato e rischio di credito di Bank of America Corporation.

Bank of America Corporation ha anunciado nuevos Jump Securities con funci坦n Auto-Callable vinculados al desempe単o del ndice Russell 2000速 y el ndice S&P 500速, con vencimiento el 3 de julio de 2031. Las caracter鱈sticas principales incluyen:

  • Monto Principal: 1.000 $ por valor
  • Funci坦n de Redenci坦n Anticipada: redenci坦n autom叩tica trimestral si ambos 鱈ndices cierran en o por encima de los valores iniciales, a partir del 8 de julio de 2026
  • Pago por Redenci坦n Anticipada: rendimiento aproximado del 9,10% anual
  • Estructura del Pago al Vencimiento: - Al menos 1.546 $ si ambos 鱈ndices est叩n en o por encima de los valores iniciales - 1.000 $ si los 鱈ndices est叩n por encima del umbral del 80% - Por debajo del umbral del 80%: pago basado en el 鱈ndice con peor desempe単o, posible p辿rdida total

Los valores no ofrecen pagos regulares de intereses ni participaci坦n en la apreciaci坦n de los 鱈ndices. Valor inicial estimado entre 900 y 960 $ por 1.000 $ de principal. Riesgos clave incluyen posible p辿rdida de capital, retornos limitados, riesgo de redenci坦n anticipada y riesgo crediticio de Bank of America Corporation.

Bank of America Corporation 2000速 讌� 覦� S&P 500速 讌�� 炎骸� 磯� 譟郁鍵 蠍磯レ� 讀蟠� 覦朱�, 襷蠍磯� 2031� 7� 3殊. 譯殊 轟 れ螻� 螳給:

  • 蠍 蠍: 讀蟠� 1,000
  • 譟郁鍵 蠍磯: 2026� 7� 8朱� 覿蠍磯襦 � 讌螳 豐蠍 螳豺� 伎 襷螳� 蟆曙
  • 譟郁鍵 讌蠍: 壱蠏� � 9.10% 給�
  • 襷蠍 讌蠍� 蟲譟: - � 讌螳 豐蠍 螳豺� 伎� 蟆曙 豕 1,546 讌蠍� - 讌螳 80% 蠍一� 伎� 蟆曙 1,000 讌蠍� - 80% 蠍一� 覩碁� 蟆曙 豕 炎骸 讌襯 蠍一朱 讌蠍�, 螳レ

� 讀蟠 蠍 伎 讌蠍企� 讌� 轟� 磯ジ 谿語襯� 螻牛讌 給. 豐蠍 螳豺 蠍 1,000� 900~960�. 譯殊 朱� 蠍 螳レ, � , 譟郁鍵 , Bank of America Corporation� � �.

Bank of America Corporation a annonc辿 de nouveaux Jump Securities avec fonction Auto-Callable li辿s la performance de l'indice Russell 2000速 et de l'indice S&P 500速, arrivant 辿ch辿ance le 3 juillet 2031. Les principales caract辿ristiques comprennent :

  • Montant principal : 1 000 $ par titre
  • Option de remboursement anticip辿 : remboursement automatique trimestriel si les deux indices cl担turent au-dessus ou leur valeur initiale, partir du 8 juillet 2026
  • Paiement en cas de remboursement anticip辿 : rendement annuel d'environ 9,10 %
  • Structure du paiement l'辿ch辿ance : - Au moins 1 546 $ si les deux indices sont au-dessus ou 辿gaux leur valeur initiale - 1 000 $ si les indices sont au-dessus du seuil de 80 % - En dessous du seuil de 80 % : paiement bas辿 sur l'indice le moins performant, risque de perte totale

Ces titres ne versent pas d'int辿r棚ts r辿guliers ni ne participent l'appr辿ciation des indices. Valeur initiale estim辿e entre 900 et 960 $ pour 1 000 $ de principal. Risques cl辿s : perte potentielle du capital, rendements limit辿s, risque de remboursement anticip辿 et risque de cr辿dit li辿 Bank of America Corporation.

Die Bank of America Corporation hat neue Jump Securities mit Auto-Callable-Funktion angek端ndigt, die an die Entwicklung des Russell 2000速 Index und des S&P 500速 Index gekoppelt sind und am 3. Juli 2031 f辰llig werden. Die wichtigsten Merkmale sind:

  • Nennbetrag: 1.000 $ pro Wertpapier
  • Fr端hzeitige R端ckzahlungsfunktion: Viertelj辰hrliche automatische R端ckzahlung, wenn beide Indizes auf oder 端ber den Anfangswerten schlieen, beginnend am 8. Juli 2026
  • Fr端hzeitige R端ckzahlungszahlung: Ca. 9,10 % j辰hrliche Rendite
  • Zahlungsstruktur bei F辰lligkeit: - Mindestens 1.546 $, wenn beide Indizes auf oder 端ber den Anfangswerten liegen - 1.000 $, wenn die Indizes 端ber der 80%-Schwelle liegen - Unterhalb der 80%-Schwelle: Zahlung basierend auf dem schlechtesten Index, m旦glicher Totalverlust

Die Wertpapiere bieten keine regelm辰igen Zinszahlungen oder Beteiligung an der Indexsteigerung. Gesch辰tzter Anfangswert zwischen 900 und 960 $ pro 1.000 $ Nennwert. Wesentliche Risiken umfassen potenziellen Kapitalverlust, begrenzte Renditen, Risiko der vorzeitigen R端ckzahlung und das Kreditrisiko der Bank of America Corporation.

FREE WRITING PROSPECTUS
Filed Pursuant to Rule 433
Registration Statement Nos. 333-268718 and 333-268718-01
Dated June 24, 2025
Jump Securities with Auto-Callable Feature Based on the Worst Performing of the Russell 2000® Index and the S&P 500® Index due July 3, 2031
Fully and Unconditionally Guaranteed by Bank of America Corporation
Principal at Risk Securities
This document provides a summary of the terms of the securities. Investors must carefully review the accompanying preliminary pricing supplement referenced below, product supplement, prospectus supplement and prospectus, and the “Risk Considerations” on the following page, prior to making an investment decision.
The securities do not guarantee the repayment of principal and do not provide for the regular payment of interest. Investors will not participate in any appreciation in either underlying index. The securities are for investors who are willing to risk their principal and forego current income and participation in the appreciation of either underlying index in exchange for the possibility of receiving an early redemption payment or payment at maturity greater than the stated principal amount if each underlying index closes at or above its respective initial index value on a quarterly determination date or the final determination date, respectively.  The securities are our senior debt securities. Any payments on the securities are fully and unconditionally guaranteed by Bank of America Corporation (“BAC”). The securities are issued as part of BofA Finance LLC’s (“BofA Finance”) “Medium-Term Notes, Series A” program.
SUMMARY TERMS
Issuer:
BofA Finance
Guarantor:
BAC
Underlying indices:
The S&P 500® Index (Bloomberg symbol: “SPX”) and the Russell 2000® Index (Bloomberg symbol: “RTY”)
Stated principal amount:
$1,000.00 per security
Issue price:
$1,000.00 per security
Pricing date:
June 30, 2025
Original issue date:
July 3, 2025 (3 business days after the pricing date)
Maturity date:
July 3, 2031
Early redemption:
If, on any quarterly determination date (other than the final determination date), beginning on July 8, 2026, the index closing value of each underlying index is greater than or equal to its respective initial index value, the securities will be automatically redeemed for the applicable early redemption payment on the related early redemption date. No further payments will be made on the securities once they have been redeemed.
Early redemption payment:
The early redemption payment for each quarterly determination date prior to the final determination date will be an amount in cash per stated principal amount corresponding to a return of approximately at least 9.10% per annum. See “Determination Dates, Early Redemption Dates and Early Redemption Payments” below.
Payment at maturity:
If the securities have not previously been redeemed, you will receive at maturity a cash payment per security as follows:
   
If the final index value of each underlying index is greater than or equal to its respective initial index value: 
At least $1,546.00 (set on the pricing date)
   
If the final index value of either underlying index is less than its respective initial index value but the final index value of each underlying index is greater than or equal to its respective downside threshold level: 
$1,000
   
If the final index value of either underlying index is less than its respective downside threshold level:
$1,000 × index performance factor of the worst performing underlying index
Under these circumstances, the payment at maturity will be less than 80% of the stated principal amount of the securities and could be zero.
Initial index value:
For each underlying index, the index closing value on the pricing date.
Final index value:
For each underlying index, the index closing value on the final determination date.
Worst performing underlying index:
The underlying index with the largest percentage decrease from the respective initial index value to the respective final index value.
Index performance factor:
With respect to each underlying index, its final index value divided by its initial index value.
Determination dates:
Quarterly. See “Determination Dates, Early Redemption Dates and Early Redemption Payments” below. We also refer to June 30, 2031 as the final determination date.
The determination dates are subject to postponement as set forth in “Description of the Notes—Certain Terms of the Notes—Events Relating to Observation Dates” beginning on page PS-23 of the accompanying product supplement.
Early redemption dates:
Quarterly, beginning on July 13, 2026. See “Determination Dates, Early Redemption Dates and Early Redemption Payments” below.
Downside threshold level:
With respect to each underlying index, 80% of its initial index value.
CUSIP / ISIN:
09711HWK5 / US09711HWK57
Listing:
The securities will not be listed on any securities exchange.
Estimated value on the pricing date:
Expected to be between $900.00 and $960.00 per $1,000 in principal amount of securities. See “Structuring the securities” in the preliminary pricing supplement.
Preliminary pricing supplement
https://www.sec.gov/Archives/edgar/data/70858/000191870425009866/form424b2.htm
Hypothetical Payment at Maturity (if the securities have not been previously redeemed)
Change in the Worst Performing Underlying Index
Payment at Maturity
+50.00%
At least $1,546.00 (set on the pricing date)
+40.00%
At least $1,546.00 (set on the pricing date)
+30.00%
At least $1,546.00 (set on the pricing date)
+20.00%
At least $1,546.00 (set on the pricing date)
+10.00%
At least $1,546.00 (set on the pricing date)
0.00%
At least $1,546.00 (set on the pricing date)
-10.00%
$1,000.00
-20.00%
$1,000.00
-21.00%
$790.00
-40.00%
$600.00
-50.00%
$500.00
-60.00%
$400.00
-70.00%
$300.00
-80.00%
$200.00
-90.00%
$100.00
-100.00%
$0.00
The pricing date, issue date and other dates set forth to the left and on the following page are subject to change, and will be set forth in the final pricing supplement relating to the securities.
1

Determination Dates
Early Redemption Dates
Early Redemption Payments
(per $1,000 Security)*
1st determination date:
July 8, 2026
1st early redemption date:
July 13, 2026
At least $1,091.00
2nd determination date:
September 30, 2026
2nd early redemption date:
October 5, 2026
At least $1,113.75
3rd determination date:
December 30, 2026
3rd early redemption date:
January 5, 2027
At least $1,136.50
4th determination date:
March 30, 2027
4th early redemption date:
April 2, 2027
At least $1,159.25
5th determination date:
June 30, 2027
5th early redemption date:
July 6, 2027
At least $1,182.00
6th determination date:
September 30, 2027
6th early redemption date:
October 5, 2027
At least $1,204.75
7th determination date:
December 30, 2027
7th early redemption date:
January 4, 2028
At least $1,227.50
8th determination date:
March 30, 2028
8th early redemption date:
April 4, 2028
At least $1,250.25
9th determination date:
June 30, 2028
9th early redemption date:
July 6, 2028
At least $1,273.00
10th determination date:
October 2, 2028
10th early redemption date:
October 5, 2028
At least $1,295.75
11th determination date:
January 2, 2029
11th early redemption date:
January 5, 2029
At least $1,318.50
12th determination date:
April 2, 2029
12th early redemption date:
April 5, 2029
At least $1,341.25
13th determination date:
July 2, 2029
13th early redemption date:
July 6, 2029
At least $1,364.00
14th determination date:
October 1, 2029
14th early redemption date:
October 4, 2029
At least $1,386.75
15th determination date:
December 28, 2029
15th early redemption date:
January 3, 2030
At least $1,409.50
16th determination date:
April 1, 2030
16th early redemption date:
April 4, 2030
At least $1,432.25
17th determination date:
July 1, 2030
17th early redemption date:
July 5, 2030
At least $1,455.00
18th determination date:
September 30, 2030
18th early redemption date:
October 3, 2030
At least $1,477.75
19th determination date:
December 30, 2030
19th early redemption date:
January 3, 2031
At least $1,500.50
20th determination date:
March 31, 2031
20th early redemption date:
April 3, 2031
At least $1,523.25
Final determination date:
June 30, 2031
See “Maturity date” above.
See “Payment at maturity” above.
*The actual Early Redemption Payments will be set on the pricing date.
2

You will find a link to the accompanying preliminary pricing supplement for the securities above and links to the accompanying product supplement, prospectus supplement and prospectus for the securities under “Additional Information about the Securities” in the preliminary pricing supplement, which you should read and understand prior to investing in the securities.
This free writing prospectus is a summary of the terms of the securities and factors that you should consider before deciding to invest in the securities. BofA Finance has filed a registration statement (including preliminary pricing supplement, product supplement, prospectus supplement and prospectus) with the SEC, which may, without cost, be accessed on the SEC website at www.sec.gov or obtained from BofA Securities, Inc. (“BofAS”) by calling 1-800-294-1322. Before you invest, you should read this pricing supplement and the accompanying product supplement, prospectus supplement and prospectus for information about us, BAC and this offering.
Underlying Indices
For information about the underlying indices, including historical performance information, see the accompanying preliminary pricing supplement.
Risk Considerations
The risks set forth below are discussed in more detail in the “Risk Factors” section in the accompanying preliminary pricing supplement. Please review those risk factors carefully prior to making an investment decision.
Structure-related Risks
   
Your investment may result in a loss; there is no guaranteed return of principal.
   
Any positive investment return on the securities is limited.
   
The securities do not bear interest.
   
The securities are subject to potential early redemption, which would limit your ability to receive further payment on the securities.
   
Your return on the securities may be less than the yield on a conventional debt security of comparable maturity.
   
The early redemption payment or payment at maturity, as applicable, will not reflect changes in the levels of the underlying indices other than on the determination dates or the final determination date, as applicable.
   
Because the securities are linked to the worst performing (and not the average performance) of the underlying indices, you may not receive any return on the securities and may lose a significant portion or all of your investment in the securities even if the index closing value or final index value of one underlying index is greater than or equal to its initial index value, as applicable.
   
Any payments on the securities are subject to our credit risk and the credit risk of the guarantor, and any actual or perceived changes in our or the guarantor’s creditworthiness are expected to affect the value of the securities.
   
We are a finance subsidiary and, as such, have no independent assets, operations, or revenues.
Valuation- and Market-related Risks
   
The price to public you pay for the securities will exceed their initial estimated value.
   
The initial estimated value does not represent a minimum or maximum price at which we, BAC, BofAS or any of our other affiliates would be willing to purchase your securities in any secondary market (if any exists) at any time.
   
We cannot assure you that a trading market for your securities will ever develop or be maintained.
Conflict-related Risks
   
Trading and hedging activities by us, the guarantor and any of our other affiliates, including BofAS, may create conflicts of interest with you and may affect your return on the securities and their market value.
   
There may be potential conflicts of interest involving the calculation agent, which is an affiliate of ours.
Underlying Index-related Risks
   
The securities are subject to risks associated with small-size capitalization companies.
   
Governmental regulatory actions, such as sanctions, could adversely affect your investment in the securities.
   
The publisher of an underlying index may adjust that underlying index in a way that affects its levels, and the publisher has no obligation to consider your interests.
Tax-related Risks
   
The U.S. federal income tax consequences of an investment in the securities are uncertain, and may be adverse to a holder of the securities.
Tax Considerations
You should review carefully the discussion in the accompanying preliminary pricing supplement under the caption “Additional Information About the Securities—Tax considerations” concerning the U.S. federal income tax consequences of an investment in the securities, and you should consult your tax adviser.
3

FAQ

What are the key features of BAC's Jump Securities due July 2031?

BAC's Jump Securities are auto-callable notes linked to the worst performing of the Russell 2000速 Index and S&P 500速 Index. They have a $1,000 principal amount, potential early redemption payments of approximately 9.10% per annum if both indices close at or above their initial values on quarterly determination dates, and a maturity date of July 3, 2031. The securities do not pay regular interest and investors risk losing principal if either index falls below its 80% downside threshold at maturity.

How much can investors lose with BAC's Jump Securities (BAC)?

Investors can lose up to 100% of their principal investment ($1,000 per security) if either underlying index falls below its downside threshold level (80% of initial value) at maturity. The payment at maturity will be calculated as $1,000 multiplied by the index performance factor of the worst performing underlying index, which could result in a payment of $0 if the worst performing index declines 100%.

What is the maximum return potential for BAC's Jump Securities?

The maximum return is capped at the early redemption payment or final payment amount. If redeemed early, investors receive quarterly payments of approximately 9.10% per annum. If held to maturity and both indices are at or above their initial values, investors receive at least $1,546.00 per $1,000 security (to be finalized on pricing date). Investors do not participate in any appreciation of the underlying indices beyond these fixed amounts.

What is the estimated value of BAC's Jump Securities compared to their issue price?

While the securities are being issued at $1,000 per security, their estimated value on the pricing date is expected to be between $900.00 and $960.00 per security. This means investors are paying a premium above the estimated value, which reflects BofA Finance's costs and profits from the securities.

When can BAC's Jump Securities be automatically redeemed?

The securities can be automatically redeemed on any quarterly determination date starting July 8, 2026, if both the S&P 500速 Index and Russell 2000速 Index close at or above their respective initial index values. Early redemption dates occur approximately every three months through March 31, 2031, with payments made about 3-5 business days after each determination date.
Bank of America

NYSE:BAC

BAC Rankings

BAC Latest News

BAC Latest SEC Filings

BAC Stock Data

357.46B
6.89B
9.05%
66.27%
1.03%
Banks - Diversified
National Commercial Banks
United States
CHARLOTTE