美国银行美股招股说明书(2025-07-28版)

inked tothe S&P 500 FC TCA 0.50% Decrement Index ER The Buffered Enhanced Return Notes Linked to the S&P 500FC TCA 0.50% Decrement Index ER, due August 5, 2030 (the “Notes”) are expected to price on July 31, 2025 and expected to issue on August 5, 2025. No periodic interest payments. CUSIP No. 09711JLR8. target. The Underlying’s exposure to the Excess Return Index can be greater than, less than or equal to 100%.When the Underlying’s exposure to the Excess Return Index is less than 100%, the Underlying will have ahypothetical cash position which does not accrue interest. Any portion of the Underlying which is allocated to the cash position will not appreciate based on any appreciation of the Excess Return subtracting out the borrowing costs, as described below, and the cost of carrying equities (which is determined by reference to rolling E-mini S&P 500 futures contracts) from the Total Return Index. Borrowing costs for thesefunds are assessed at a rate equal to the Federal Funds Rate.Such borrowing costs and the cost of carrying equities will reduce any positive performance of the hypothetical investment in the Total Return Index(and, thereby, the level of the Underlying) and will increase any negative performance of the hypothetical investment in the Total Return Index (and, thereby, the level of the Underlying). Index for the immediately preceding intraday calculation window.Such costs will be incurred regardless of the level of exposure to the Excess Return Index and regardless of the performance of the Excess ReturnIndex. Such costs will have the effect of reducing any positive performance of the Excess Return Index (and, thereby, the level of the Underlying) and will increase any negative performance of the Excess ReturnIndex (and, thereby, the level of the Underlying). The level of the Underlying will only increaseto the extentthe Underlying is exposed to the Excess Return Index, the Excess Return Index has a positive returnand suchpositive returnexceeds the carry costsand transaction costs described above. The Excess Return Index will have a positive returnonly ifthe return of the Total Return Index exceeds the borrowing costs described above.For more information please see the sections entitled “Risk Factors—Underlying-related Risks” and “The Underlying”. page PS-6 of this pricing supplement and “Structuring the Notes” on page PS-19of this pricing supplement for additional information.There are important differences between the Notes and a conventional debt security. Potential purchasers of the Notes should consider the information in “Risk Factors”beginning on page PS-6of this pricing supplement, page PS-5 of the accompanying product supplement, page S-6 of the accompanying prospectus supplement, and page7 of the accompanying prospectus. determined if this pricing supplement and the accompanying product supplement, prospectus supplement and prospectus is truthful or complete. Any representation to the contrary is a Total The underwriting discount per $1,000.00 in principal amount of Notes may be as high as $13.75, resulting in proceeds, before expenses, to BofA Finance of as low as $986.25 per$1,000.00 in principal amount of Notes. Are Not FDIC InsuredAre not Bank GuaranteedMay Lose Value The Notes will be issued in minimum denominations of $1,000.00 and whole multiples of $1,000.00 in excess thereof. Approximately 5 years.The S&P 500 FC TCA 0.50% Decrement Index ER(Bloomberg symbol: “SPXFCDUE”). Valuation Date*:July 31, 2030, subject to postponement as described under “Description of the Notes—Certain Terms of the Notes—Events Relating toCalculation Days” in the accompanying product supplement. Starting Value:The closing level of the Underlying on the pricing date. Ending Value:The closing level of the Underlying on the Valuation Date.Upside Participation Rate:245.00% Threshold Value:85.00% of the Starting Value.Redemption Amount:The Redemption Amount per $1,000.00 in principal amount of Notes will be: a) If the Ending Value of the Underlying is greater than the Starting Value: In this case, the Redemption Amount will be less than the principal amount and you could lose up to 85.00% of your investment in the Notes.Calculation Agent:BofA Securities, Inc. (“BofAS”), an affiliate of BofA Finance. distributions paid with respect to shares or units of the Underlying or on the securities included in the Underlying, as applicable. In addition, all payments on the Notes are subject toIssuer and Guarantor credit risk. Ending ValueUnderlying ReturnRedemption Amount per Note160.0060.00% 150.00 140.0040.00%$1,980.0098.00%130.0030.00%$1,735.0073.50% 105.005.00%$1,122.5012.25% Value of the Underlying exceeds its Starting Value or Threshold Value. cost to you when you consider factors, such as inflation, that affect the time value of money.The Redemption Amount will not reflect changes in the level of the Underlying other than on the Valuation Date.The level of the Underlying during t