The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement is not an offer to sell nor does it seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.

Filed Pursuant to Rule 424(b)(2)

Registration Statement No. 333-213265

Subject to Completion. Dated June 21, 2019.

BofA Finance LLC

$

Leveraged Basket-Linked Notes due

Fully and Unconditionally Guaranteed by

Bank of America Corporation

The notes do not bear interest. The amount that you will be paid on your notes on the stated maturity date (expected to be the second scheduled business day after the determination date) is based on the performance of a weighted basket comprised of the EURO STOXX 50® Index (36% weighting), the TOPIX®

(27% weighting), the FTSE® 100 Index (19% weighting), the Swiss Market Index (10% weighting) and the S&P®/ASX 200 Index (8% weighting), as measured from the trade date to and including the determination date (expected to be between 18 and 21 months after the trade date). The initial basket level is 100 and the final basket level will equal the sum of the products, as calculated for each basket underlier, of: (i) the final index level divided by (ii) the initial index level (set on the trade date and may be higher or lower than the actual closing level of the basket underlier on the trade date) multiplied by (iii) the applicable initial weighted value for the basket underlier. If the final basket level on the determination date is greater than the initial basket level, the return on your notes will be positive, subject to the maximum settlement amount (expected to be between $1,249.00 and $1,292.50 for each $1,000 face amount of your notes). If the final basket level declines from the initial basket level, the return on your notes will be negative. You may lose some or all of your investment in the notes.

To determine your payment at maturity, we will calculate the basket return, which is the percentage increase or decrease in the final basket level from the initial basket level. On the stated maturity date, for each $1,000 face amount of your notes, you will receive an amount in cash equal to:

  • if the basket return is zero or positive (the final basket level is equal to the initial basket level or greater than the initial basket level), the sum of (i) $1,000 plus (ii) the product of (a) $1,000 times (b) 5.0 times (c) the basket return, subject to the maximum settlement amount; or
  • if the basket return is negative (the final basket level is less than the initial basket level), the sum of (i) $1,000 plus (ii) the product of (a) the basket return times (b) $1,000. This amount will be less than $1,000 and could be a total loss of principal.

Declines in one basket underlier may offset increases in the other basket underliers. Due to the unequal weighting of each basket underlier, the performances of the EURO STOXX 50® Index, the TOPIX® and the FTSE® 100 Index will have a significantly larger impact on your return on the notes than the performance of the Swiss Market Index or the S&P®/ASX 200 Index.

The notes will not be listed on any securities exchange. Investment in the notes involves certain risks, including the credit risk of BofA Finance LLC ("BofA Finance"), as issuer of the notes, and the credit risk of Bank of America Corporation ("BAC" or the "Guarantor"), as guarantor of the notes. Potential purchasers of the notes should consider the information in "Risk Factors" beginning on page PS-17 of this pricing supplement, page PS-5 of the accompanying product supplement, page S-4 of the accompanying prospectus supplement, and page 7 of the accompanying prospectus.

As of the date of this pricing supplement, the initial estimated value of the notes at the time of pricing is expected to be between $970.00 and $999.00 per $1,000 in face amount. See "Summary Information" beginning on page PS-6 of this pricing supplement, "Risk Factors" beginning on page PS-17 of this pricing supplement and "Structuring the Notes" on page PS-46 of this pricing supplement for additional information. The actual value of your notes at any time will reflect many factors and cannot be predicted with accuracy.

Original issue date:

, 2019

Price to public(2):

100.00% of the face amount

Underwriting discount(1)(2):

[1.60]% of the face amount

Net proceeds to the issuer:

[98.40]% of the face amount

  1. BofA Securities, Inc. ("BofAS"), an affiliate of BofA Finance, will participate as selling agent in the distribution of the notes. See "Supplemental Plan of Distribution - Conflicts of Interest" on page PS-45 of this pricing supplement.
  2. The price to public for certain investors will be between 98.40% and 100.00% of the face amount, reflecting a foregone underwriting discount with respect to such notes; see "Supplemental Plan of Distribution - Conflicts of Interest" on page PS-45 of this pricing supplement.

Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this pricing supplement or the accompanying prospectus, prospectus supplement or product supplement. Any representation to the contrary is a criminal offense. The notes and the related guarantee of the notes by the Guarantor are unsecured and are not savings accounts, deposits, or other obligations of a bank. The notes are not guaranteed by Bank of America, N.A. or any other bank, are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.

BofA Merrill Lynch

Selling Agent

The price to public and net proceeds listed above relate to the notes we sell initially. We may decide to sell additional notes after the date of this pricing supplement, at prices to public and with underwriting discounts and net proceeds that differ from the amounts set forth above. The return (whether positive or negative) on your investment in notes will depend in part on the price to public you pay for such notes.

BofAS and any of our other broker-dealeraffiliates may use this pricing supplement in the initial sale of the notes. In addition, BofAS and any of our other broker-dealeraffiliates may use this pricing supplement in a market-makingtransaction in a note after its initial sale. Unless BofAS or any of our other broker-dealer affiliates informs the purchaser otherwise in the confirmation of sale, this pricing supplement is being used in a market-making transaction.

As a result of the completion of the reorganization of the U.S. broker-dealer business, references to Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S") in the accompanying product supplement EQUITY-1, prospectus supplement and prospectus, as such references relate to MLPF&S's institutional services, should now be read as references to BofAS.

About Your Prospectus

The notes are unsecured senior notes issued by BofA Finance, a direct, wholly-owned subsidiary of BAC. Payments on the notes are fully and unconditionally guaranteed by the Guarantor. This prospectus includes this pricing supplement and the accompanying documents listed below. This pricing supplement constitutes a supplement to the documents listed below and should be read in conjunction with those documents:

Product supplement EQUITY-1 dated January 24, 2017:

https://www.sec.gov/Archives/edgar/data/70858/000119312517016445/d331325d424b5.htm

Series A MTN prospectus supplement dated November 4, 2016 and prospectus dated November 4, 2016:

https://www.sec.gov/Archives/edgar/data/70858/000119312516760144/d266649d424b3.htm

The information in this pricing supplement supersedes any conflicting information in the documents listed above. In addition, some of the terms or features described in the listed documents may not apply to your notes.

PS-2

Leveraged Basket-Linked Notes due

INVESTMENT THESIS

You should be willing to:

  • forgo gains greater than a Maximum Settlement Amount of between 124.900% and 129.250% of the face amount in exchange for 5.0x leveraged upside participation if the Basket Return is positive; and
  • forgo interest payments and accept the risk of losing your entire investment in exchange for the potential to earn 500.00% of any positive Basket Return up to a Maximum Settlement Amount of between 124.900% and 129.250% of the face amount.

Your maximum return on your notes will not be greater than the return represented by the Maximum Settlement Amount, which such return is between 24.900% % and 29.250%. You could lose all or a substantial portion of your investment if the Basket Return is negative.

DETERMINING THE CASH SETTLEMENT AMOUNT

At maturity, for each $1,000 face amount, the investor will receive (in each case as a percentage of the face amount):

  • if the Final Basket Level is greater than or equal to 100.000% of the Initial Basket Level, 100.000% plus 500.00% times the Basket Return, subject to a Maximum Settlement Amount of between 124.900% and 129.250%;
  • if the Final Basket Level is less than the Initial Basket Level, 100.000% minus 1.000% for every 1.000% that the Final Basket Level has declined below the Initial Basket Level.

If the Final Basket Level declines from the Initial Basket Level, the return on the notes will be negative, and the investor could lose their entire investment in the notes.

KEY TERMS

Issuer:

BofA Finance LLC ("BofA Finance")

Guarantor:

Bank of America Corporation ("BAC")

Basket Underliers:

The EURO STOXX 50® Index (Bloomberg symbol, "SX5E Index"); the TOPIX® (Bloomberg

symbol, "TPX Index"); the FTSE® 100 Index (Bloomberg symbol, "UKX Index"); the Swiss

Market Index (Bloomberg symbol, "SMI Index"); and the S&P®/ASX 200 Index (Bloomberg

symbol, "AS51 Index").

Face Amount:

$

in the aggregate; each note will have a face amount equal to $1,000

Trade Date:

Settlement Date:

Expected to be the fifth scheduled business day following the trade date

Determination Date:

Expected to be between 18 and 21 months following the trade date

Stated Maturity Date:

Expected to be the second scheduled business day following the Determination Date

Initial Weighted Value:

The Initial Weighted Value for each of the Basket Underliers is expected to equal the product

of the initial weight of that Basket Underlier times the Initial Basket Level. The initial weight of

each Basket Underlier is shown in the table below:

Initial Weight in

Basket Underlier

Basket

EURO STOXX 50® Index

36.00%

TOPIX®

27.00%

FTSE® 100 Index

19.00%

Swiss Market Index

10.00%

S&P®/ASX 200 Index

8.00%

Initial Index Level:

The Initial Index Level of each Basket Underlier will be set on the trade date, and may be

higher or lower than its actual closing level on the trade date.

Final Index Level:

The Final Index Level of each Basket Underlier will be its closing level on the Determination

Date, subject to the occurrence of certain market disruption events, as described beginning on

page PS-8 of this pricing supplement.

PS-3

Initial Basket Level:

100

Final Basket Level:

The sum of the following: (1) the Final Index Level of the EURO STOXX 50® Index divided by

the Initial Index Level of the EURO STOXX 50® Index, multiplied by the Initial Weighted Value

of the EURO STOXX 50® Index plus (2) the Final Index Level of the TOPIX® divided by the

Initial Index Level of the TOPIX®, multiplied by the Initial Weighted Value of the TOPIX® plus

(3) the Final Index Level of the FTSE® 100 Index divided by the Initial Index Level of the

FTSE® 100 Index, multiplied by the Initial Weighted Value of the FTSE® 100 Index plus (4)

the Final Index Level of the Swiss Market Index divided by the Initial Index Level of the Swiss

Market Index, multiplied by the Initial Weighted Value of the Swiss Market Index plus (5) the

Final Index Level of the S&P®/ASX 200 Index divided by the Initial Index Level of the

S&P®/ASX 200 Index, multiplied by the Initial Weighted Value of the S&P®/ASX 200 Index.

Basket Return:

The quotient of (i) the Final Basket Level minus the Initial Basket Level divided by (ii) the

Initial Basket Level, expressed as a positive or negative percentage.

Upside Participation Rate:

500.00%

Maximum Settlement Amount:

Expected to be between $1,249.00 and $1,292.50 for each $1,000 face amount of your notes.

The actual Maximum Settlement Amount will be determined on the trade date.

Cap Level:

Expected to be between 104.98% and 105.85% of the Initial Basket Level. The actual Cap

Level will be determined on the trade date.

CUSIP/ISIN:

09709TSR3 / US09709TSR31

PS-4

HYPOTHETICAL PAYMENT AT MATURITY*

Hypothetical Final Basket

Hypothetical Cash Settlement

Level (as % of Initial

Amount (as % of Face Amount)

Basket Level)

150.000%

124.900%

140.000%

124.900%

130.000%

124.900%

120.000%

124.900%

110.000%

124.900%

105.000%

124.900%

104.980%

124.900%

104.000%

120.000%

102.000%

110.000%

100.000%

100.000%

95.000%

95.000%

92.000%

92.000%

90.000%

90.000%

80.000%

80.000%

75.000%

75.000%

50.000%

50.000%

25.000%

25.000%

0.000%

0.000%

*Assumes a Cap Level set at the bottom of the Cap Level range (expected to be between 104.98% and 105.85% of the Initial Basket Level) and a Maximum Settlement Amount set at the bottom of the Maximum Settlement Amount range (expected to be between 124.900% and 129.250% of the face amount).

RISKS

Please read the section entitled "Risk Factors" of this pricing supplement as well as the risks and considerations described in "Risk Factors" beginning on page PS-5 of the accompanying product supplement, page S-4 of the accompanying prospectus supplement, and page 7 of the accompanying prospectus.

PS-5

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Bank of America Corporation published this content on 24 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 June 2019 10:09:03 UTC