# EDGAR Filing Document

**Accession Number:** 0001682472
**File Stem:** 0001918704-25-020221
**Filing Date:** 2025-11
**Character Count:** 56507
**Document Hash:** 240020830901b602403bfebd38e24131
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001918704-25-020221.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001918704-25-020221

**CONFORMED SUBMISSION TYPE**: 424B2

**PUBLIC DOCUMENT COUNT**: 22

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BofA Finance LLC
- **CENTRAL INDEX KEY:** 0001682472
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 813167494
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424B2
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-268718-01
- **FILM NUMBER:** 251513979

**BUSINESS ADDRESS:**
- **STREET 1:** 100 NORTH TRYON STREET
- **STREET 2:** NC1-007-06-10
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202
- **BUSINESS PHONE:** 704-386-4175

**MAIL ADDRESS:**
- **STREET 1:** 100 NORTH TRYON STREET
- **STREET 2:** NC1-007-06-10
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BANK OF AMERICA CORP /DE/
- **CENTRAL INDEX KEY:** 0000070858
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 560906609
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424B2
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-268718
- **FILM NUMBER:** 251513980

**BUSINESS ADDRESS:**
- **STREET 1:** BANK OF AMERICA CORPORATE CENTER
- **STREET 2:** 100 N TRYON ST
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28255
- **BUSINESS PHONE:** 7043868486

**MAIL ADDRESS:**
- **STREET 1:** BANK OF AMERICA CORPORATE CENTER
- **STREET 2:** 100 N TRYON ST
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28255

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANKAMERICA CORP/DE/
- **DATE OF NAME CHANGE:** 19981022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONSBANK CORP
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NCNB CORP
- **DATE OF NAME CHANGE:** 19920107

**Filed Pursuant to Rule 424(b)(2)** <br> **Registration Statement Nos. 333-268718 and 333-268718-01** <br> **(To Prospectus dated December 30, 2022,** <br> **Prospectus Supplement dated December 30, 2022 and** <br> **Product Supplement STOCK LIRN-1** <br> **dated March 20, 2025** <br>

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; 1,086,367 Units <br>$10 principal amount per unit <br>CUSIP No. 09711E381 <br> ![](image_001.jpg)  | &nbsp;&nbsp;&nbsp; Pricing Date <br>Settlement Date <br>Maturity Date  | &nbsp;&nbsp; November 20, 2025 <br> November 28, 2025 <br> January 29, 2027  |
| &nbsp;&nbsp;&nbsp; 1,086,367 Units <br>$10 principal amount per unit <br>CUSIP No. 09711E381 <br> ![](image_001.jpg)  |  |  |
|  **BofA Finance LLC** <br> **Capped Notes Linked to a Basket of Four Technology-Related Stocks** <br> **Fully and Unconditionally Guaranteed by Bank of America Corporation** <br> ■ <br> Maturity of approximately 14 months <br>■ <br> 1-to-1 upside exposure to increases in the Basket, subject to a capped return of 33.40% <br>■ <br> 1-to-1 downside exposure to decreases in the Basket beyond a 20.00% decline, with up to 80.00% of your principal at risk <br>■ <br> The Basket will be comprised of the common stock of NVIDIA Corporation, the common stock of Broadcom Inc., the common stock of Advanced Micro Devices, Inc. and the ordinary shares of Credo Technology Group Holding Ltd (each a "Basket Stock"). Each Basket Stock will be given an equal weight <br>■ <br> All payments occur at maturity and are subject to the credit risk of BofA Finance LLC, as issuer of the notes, and the credit risk of Bank of America Corporation, as guarantor of the notes <br>■ <br> No periodic interest payments <br>■ <br> In addition to the underwriting discount set forth below, the notes include a hedging-related charge of $0.05 per unit. See "Structuring the Notes" <br>■ <br> Limited secondary market liquidity, with no exchange listing  | **BofA Finance LLC** <br> **Capped Notes Linked to a Basket of Four Technology-Related Stocks** <br> **Fully and Unconditionally Guaranteed by Bank of America Corporation** <br> ■ <br> Maturity of approximately 14 months <br>■ <br> 1-to-1 upside exposure to increases in the Basket, subject to a capped return of 33.40% <br>■ <br> 1-to-1 downside exposure to decreases in the Basket beyond a 20.00% decline, with up to 80.00% of your principal at risk <br>■ <br> The Basket will be comprised of the common stock of NVIDIA Corporation, the common stock of Broadcom Inc., the common stock of Advanced Micro Devices, Inc. and the ordinary shares of Credo Technology Group Holding Ltd (each a "Basket Stock"). Each Basket Stock will be given an equal weight <br>■ <br> All payments occur at maturity and are subject to the credit risk of BofA Finance LLC, as issuer of the notes, and the credit risk of Bank of America Corporation, as guarantor of the notes <br>■ <br> No periodic interest payments <br>■ <br> In addition to the underwriting discount set forth below, the notes include a hedging-related charge of $0.05 per unit. See "Structuring the Notes" <br>■ <br> Limited secondary market liquidity, with no exchange listing  | **BofA Finance LLC** <br> **Capped Notes Linked to a Basket of Four Technology-Related Stocks** <br> **Fully and Unconditionally Guaranteed by Bank of America Corporation** <br> ■ <br> Maturity of approximately 14 months <br>■ <br> 1-to-1 upside exposure to increases in the Basket, subject to a capped return of 33.40% <br>■ <br> 1-to-1 downside exposure to decreases in the Basket beyond a 20.00% decline, with up to 80.00% of your principal at risk <br>■ <br> The Basket will be comprised of the common stock of NVIDIA Corporation, the common stock of Broadcom Inc., the common stock of Advanced Micro Devices, Inc. and the ordinary shares of Credo Technology Group Holding Ltd (each a "Basket Stock"). Each Basket Stock will be given an equal weight <br>■ <br> All payments occur at maturity and are subject to the credit risk of BofA Finance LLC, as issuer of the notes, and the credit risk of Bank of America Corporation, as guarantor of the notes <br>■ <br> No periodic interest payments <br>■ <br> In addition to the underwriting discount set forth below, the notes include a hedging-related charge of $0.05 per unit. See "Structuring the Notes" <br>■ <br> Limited secondary market liquidity, with no exchange listing  |

---

**The notes are being issued by BofA Finance LLC ("BofA Finance") and are fully and unconditionally guaranteed by Bank of America Corporation ("BAC"). There are important differences between the notes and a conventional debt security, including different investment risks and certain additional costs. See "Risk Factors" beginning on page TS-6 of this term sheet, "Additional Risk Factors" on page TS-8 of this term sheet, and "Risk Factors" beginning on page PS-8 of the accompanying product supplement STOCK LIRN-1, page S-6 of the accompanying Series A MTN prospectus supplement and page 7 of the accompanying prospectus.**

**The initial estimated value of the notes as of the pricing date is $9.530 per unit, which is less than the public offering price listed below.** See "Summary" on the following page, "Risk Factors" beginning on page TS-7 of this term sheet and "Structuring the Notes" on page TS-28 of this term sheet for additional information. The actual value of your notes at any time will reflect many factors and cannot be predicted with accuracy.

**_________________________**

None of the Securities and Exchange Commission (the "SEC"), any state securities commission, or any other regulatory body has approved or disapproved of these securities or determined if this Note Prospectus (as defined below) is truthful or complete. Any representation to the contrary is a criminal offense.

**_________________________**

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| | | |
|:---|:---|:---|
|  | <u>Per Unit</u>  | <u>Total</u>  |
| Public offering price  | $10.000  | $10863670.00  |
| Underwriting discount  | $0.175  | $190114.22  |
| Proceeds, before expenses, to BofA Finance  | $9.825  | $10673555.78  |

---

**The notes and the related guarantee:**

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| | | |
|:---|:---|:---|
| **Are Not FDIC Insured**  | **Are Not Bank Guaranteed**  | **May Lose Value**  |

---

**BofA Securities**

November 20, 2025

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

Summary

The Capped Notes Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 (the "notes") are our senior unsecured debt securities. Payments on the notes are fully and unconditionally guaranteed by BAC. The notes and the related guarantee are not insured by the Federal Deposit Insurance Corporation or secured by collateral. **The notes will rank equally in right of payment with all of BofA Finance's other unsecured and unsubordinated obligations, except obligations that are subject to any priorities or preferences by law. The related guarantee will rank equally in right of payment with all of BAC's other unsecured and unsubordinated obligations, except obligations that are subject to any priorities or preferences by law, and senior to its subordinated obligations. Any payments due on the notes, including any repayment of principal, will be subject to the credit risk of BofA Finance, as issuer, and BAC, as guarantor.** The notes provide you a leveraged return, subject to a cap, if the Ending Value of the Market Measure, which is the basket of four technology-related stocks described below (the "Basket"), is greater than its Starting Value. If the Ending Value is equal to or less than the Starting Value but greater than or equal to the Threshold Value, you will receive the principal amount of your notes. If the Ending Value is less than the Threshold Value, you will lose a portion, which could be significant, of the principal amount of your notes. Any payments on the notes will be calculated based on the $10 principal amount per unit and will depend on the performance of the Basket, subject to our and BAC's credit risk. See "Terms of the Notes" below.

The Basket will be comprised of the common stock of NVIDIA Corporation, the common stock of Broadcom Inc., the common stock of Advanced Micro Devices, Inc and the ordinary shares of Credo Technology Group Holding Ltd (each a "Basket Stock"). On the pricing date, each Basket Stock will be given an equal weight.

The economic terms of the notes (including the Capped Value) are based on BAC's internal funding rate, which is the rate it would pay to borrow funds through the issuance of market-linked notes and the economic terms of certain related hedging arrangements. BAC's internal funding rate is typically lower than the rate it would pay when it issues conventional fixed or floating rate debt securities. This difference in funding rate, as well as the underwriting discount and the hedging-related charge described below, reduced the economic terms of the notes to you and the initial estimated value of the notes on the pricing date. Due to these factors, the public offering price you are paying to purchase the notes is greater than the initial estimated value of the notes.

On the cover page of this term sheet, we have provided the initial estimated value for the notes. This initial estimated value was determined based on our, BAC's and our other affiliates' pricing models, which take into consideration BAC's internal funding rate and the market prices for the hedging arrangements related to the notes. For more information about the initial estimated value and the structuring of the notes, see "Structuring the Notes" on page TS-28.

---

| | | |
|:---|:---|:---|
| Terms of the Notes  | Terms of the Notes  | Redemption Amount Determination  |
| **Issuer:**  | BofA Finance LLC ("BofA Finance")  | On the maturity date, you will receive a cash payment per unit determined as follows:  |
| **Guarantor:**  | Bank of America Corporation ("BAC")  |  |
| **Principal Amount** **:**  | $10.00 per unit  | ![](image_002.jpg)  |
| **Term:**  | Approximately 14 months  | ![](image_002.jpg)  |
| **Underling Stocks:**  | An equally weighted basket of four technology-related stocks comprised of the common stock of NVIDIA Corporation (Nasdaq Global Select Market symbol: "NVDA"), the common stock of Broadcom Inc. (Nasdaq Global Select Market symbol: "AVGO"), the common stock of Advanced Micro Devices, Inc. (Nasdaq Global Select Market symbol: "AMD") and the ordinary shares of Credo Technology Group Holding Ltd (Nasdaq Global Select Market symbol: "CRDO") (each a "Basket Stock").  | ![](image_002.jpg)  |
| **Starting Value:**  | $100.00  | ![](image_002.jpg)  |
| **Ending Value:**  | The value of the Market Measure on the scheduled calculation day. The scheduled calculation day is subject to postponement in the event of Market Disruption Events, as described beginning on page PS-26 of the accompanying product supplement. <br>| ![](image_002.jpg)  |
| **Threshold Value:**  | 80.00 (80.00% of the Starting Value, rounded to two decimal places).  | ![](image_002.jpg)  |
| **Participation Rate:**  | 100%  | ![](image_002.jpg)  |
| **Capped Value:**  | $13.34 per unit, which represents a return of 33.40% over the principal amount.  | ![](image_002.jpg)  |
| **Price Multiplier:**  | For each Basket Stock, 1, subject to adjustment for certain corporate events relating to that Basket Stock described  |  |

---

Capped Notes TS-2

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

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| | |
|:---|:---|
|  | beginning on PS-22 of the accompanying product supplement.  |
| **Calculation Day** **:**  | January 22, 2027  |
| **Fees and Charges** **:**  | The underwriting discount of $0.175 per unit listed on the cover page and the hedging related charge of $0.05 per unit described in "Structuring the Notes" on page TS-12.  |
| **Calculation Agent** **:**  | BofA Securities Inc. ("BofAS"), an affiliate of BofA Finance.  |

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Capped Notes TS-3

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

The terms and risks of the notes are contained in this term sheet and in the following:

● Product supplement STOCK LIRN-1 dated March 20, 2025: <br> [https://www.sec.gov/Archives/edgar/data/70858/000119312525058860/d904323d424b5.htm](http://www.sec.gov/Archives/edgar/data/70858/000119312525058860/d904323d424b5.htm)

● Series A MTN prospectus supplement dated December 30, 2022 and prospectus dated December 30, 2022: <br> [https://www.sec.gov/Archives/edgar/data/1682472/000119312522315195/d409418d424b3.htm](http://www.sec.gov/Archives/edgar/data/1682472/000119312522315195/d409418d424b3.htm)

These documents (together, the "Note Prospectus") have been filed as part of a registration statement with the SEC, which may, without cost, be accessed on the SEC website at www.sec.gov or obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S") or BofAS by calling 1-800-294-1322. Before you invest, you should read the Note Prospectus, including this term sheet, for information about us, BAC and this offering. Any prior or contemporaneous oral statements and any other written materials you may have received are superseded by the Note Prospectus. Certain terms used but not defined in this term sheet have the meanings set forth in the accompanying product supplement, the accompanying prospectus supplement and the accompanying prospectus. Unless otherwise indicated or unless the context requires otherwise, all references in this document to "we," "us," "our," or similar references are to BofA Finance, and not to BAC.

Investor Considerations

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| | |
|:---|:---|
| **You may wish to consider an investment in the notes if:**  | **The notes may not be an appropriate investment for you if:**  |
| ■ <br> You anticipate that the value of the Basket will increase moderately from the Starting Value to the Ending Value. <br>■ <br> You are willing to risk a loss of principal and return if the value of the Basket decreases from the Starting Value to an Ending Value that is below the Threshold Value. <br>■ <br> You accept that the return on the notes will be capped. <br>■ <br> You are willing to forgo the interest payments that are paid on conventional interest-bearing debt securities. <br>■ <br> You are willing to forgo dividends or other benefits of owning the Basket Stocks. <br>■ <br> You are willing to accept a limited or no market for sales prior to maturity, and understand that the market prices for the notes, if any, will be affected by various factors, including our and BAC's actual and perceived creditworthiness, BAC's internal funding rate and fees and charges on the notes. <br>■ <br> You are willing to assume our credit risk, as issuer of the notes, and BAC's credit risk, as guarantor of the notes, for all payments under the notes, including the Redemption Amount. <br>| ■ <br> You believe that the value of the Basket will decrease from the Starting Value to the Ending Value or that it will not increase sufficiently over the term of the notes to provide you with your desired return. <br>■ <br> You seek 100% principal repayment or preservation of capital. <br>■ <br> You seek an uncapped return on your investment. <br>■ <br> You seek interest payments or other current income on your investment. <br>■ <br> You want to receive dividends or other distributions paid on the Basket Stocks. <br>■ <br> You seek an investment for which there will be a liquid secondary market. <br>■ <br> You are unwilling or are unable to take market risk on the notes, to take our credit risk, as issuer of the notes, or to take BAC's credit risk, as guarantor of the notes.  |

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We urge you to consult your investment, legal, tax, accounting, and other advisors before you invest in the notes.

Capped Notes TS-4

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

Hypothetical Payout Profile and Examples of Payments at Maturity

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| | |
|:---|:---|
| **Capped Notes** <br> ![](image_003.jpg)  | This graph reflects the returns on the notes, based on the Participation Rate of 100%, the Threshold Value of 80% of the Starting Value and the Capped Value of $13.34 per unit. The green line reflects the returns on the notes, while the dotted gray line reflects the returns of a direct investment in the Basket Stocks, excluding dividends. <br> This graph has been prepared for purposes of illustration only.  |

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The following table and examples are for purposes of illustration only. They are based on **hypothetical** values and show **hypothetical** returns on the notes. They illustrate the calculation of the Redemption Amount and total rate of return based on the Starting Value of 100, the Threshold Value of 80, the Participation Rate of 100%, a Capped Value of $13.34 per unit and a range of hypothetical Ending Values. **The actual amount you receive and the resulting total rate of return will depend on the actual Ending Value and Capped Value, and whether you hold the notes to maturity.** The following examples do not take into account any tax consequences from investing in the notes.

For hypothetical historical values of the Basket, see "The Basket" section below. For recent actual prices of the Basket Stocks, see "The Basket Stocks" section below. The Ending Value will not include any income generated by dividends paid on the Basket Stocks, which you would otherwise be entitled to receive if you invested in those stocks directly. In addition, all payments on the notes are subject to issuer and guarantor credit risk.

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| | | | |
|:---|:---|:---|:---|
| **Ending Value** <br>| **Percentage Change from the Starting Value to the Ending Value**  | **Redemption Amount per Unit**  | **Total Rate of Return on the Notes**  |
| 0.00  | -100.00%  | $2.00  | -80.00%  |
| 25.00  | -75.00%  | $4.50  | -55.00%  |
| 50.00  | -50.00%  | $7.00  | -30.00%  |
| 60.00  | -40.00%  | $8.00  | -20.00%  |
| 70.00  | -30.00%  | $9.00  | -10.00%  |
| &nbsp;&nbsp;&nbsp;&nbsp;80.00<sup>(1)</sup>  | -20.00%  | $10.00  | 0.00%  |
| 90.00  | -10.00%  | $10.00  | 0.00%  |
| 95.00  | -5.00%  | $10.00  | 0.00%  |
| &nbsp;&nbsp;&nbsp;&nbsp;100.00<sup>(2)</sup>  | 0.00%  | $10.00  | 0.00%  |
| 102.00  | 2.00%  | $10.20  | 2.00%  |
| 103.00  | 3.00%  | $10.30  | 3.00%  |
| 105.00  | 5.00%  | $10.50  | 5.00%  |
| 110.00  | 10.00%  | $11.00  | 10.00%  |
| 120.00  | 20.00%  | $12.00  | 20.00%  |
| 130.00  | 30.00%  | $13.00  | 30.00%  |
| 133.40  | 33.40%  | &nbsp;&nbsp;&nbsp;&nbsp;$13.34<sup>(3)</sup>  | 33.40%  |
| 140.00  | 40.00%  | $13.34  | 33.40%  |
| 150.00  | 50.00%  | $13.34  | 33.40%  |
| 160.00  | 60.00%  | $13.34  | 33.40%  |

---

(1) This is the Threshold Value.

(2) The Starting Value was set to 100.00 on the pricing date.

(3) The Redemption Amount per unit cannot exceed the Capped Value.

Capped Notes TS-5

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

**Redemption Amount Calculation Examples**

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| | |
|:---|:---|
| **Example 1**  | **Example 1**  |
| The Ending Value is 60.00, or 60.00% of the Starting Value:  | The Ending Value is 60.00, or 60.00% of the Starting Value:  |
| Starting Value: 100.00  | Starting Value: 100.00  |
| Threshold Value: 80.00  | Threshold Value: 80.00  |
| Ending Value: 60.00  | Ending Value: 60.00  |
| ![](image_004.jpg)  | **= $8.00** Redemption Amount per unit  |

---

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| | |
|:---|:---|
| **Example 2**  | **Example 2**  |
| The Ending Value is 90.00, or 90.00% of the Starting Value:  | The Ending Value is 90.00, or 90.00% of the Starting Value:  |
| Starting Value: 100.00  | Starting Value: 100.00  |
| Threshold Value: 80.00  | Threshold Value: 80.00  |
| Ending Value: 90.00  | Ending Value: 90.00  |
| Redemption amount (per unit) <br>| = $10.00, the principal amount, since the Ending Value is less than the Starting Value but equal to or greater than the Threshold Value.  |

---

---

| |
|:---|
| **Example 3**  |
| The Ending Value is 102.00, or 102.00% of the Starting Value:  |
| Starting Value: 100.00  |
| Ending Value: 102.00  |
| ![](image_005.jpg) <br>|

---

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| | |
|:---|:---|
| **Example 4**  | **Example 4**  |
| The Ending Value is 140.00, or 140.00% of the Starting Value:  | The Ending Value is 140.00, or 140.00% of the Starting Value:  |
| Starting Value: 100.00  | Starting Value: 100.00  |
| Ending Value: 140.00  | Ending Value: 140.00  |
| <br> ![](image_006.jpg)  | **= $14.00 , however, because the Redemption Amount for the notes cannot exceed the Capped Value, the Redemption Amount will be $13.34 per unit**  |

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Capped Notes TS-6

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

Risk Factors

*There are important differences between the notes and a conventional debt security. An investment in the notes involves significant risks, including those listed below. You should carefully review the more detailed explanation of risks relating to the notes in the "Risk Factors" sections beginning on page PS-8 of the accompanying product supplement, page S-6 of the Series A MTN prospectus supplement, and page 7 of the prospectus identified above. We also urge you to consult your investment, legal, tax, accounting, and other advisors before you invest in the notes.*

**<u>Structure-related Risks</u>**

■ Depending on the performance of the Basket as measured shortly before the maturity date, your investment may result in a loss; there is no guaranteed return of principal.

■ Your return on the notes may be less than the yield you could earn by owning a conventional fixed or floating rate debt security of comparable maturity.

■ Changes in the price of one of the Basket Stocks may be offset by changes in the prices of the other Basket Stocks.

■ Payments on the notes are subject to our credit risk, and the credit risk of BAC, and actual or perceived changes in our or BAC's creditworthiness are expected to affect the value of the notes. If we and BAC become insolvent or are unable to pay our respective obligations, you may lose your entire investment.

■ Your investment return, if any, is limited to the return represented by the Capped Value and may be less than a comparable investment directly in the Basket Stocks.

■ We are a finance subsidiary and, as such, have no independent assets, operations or revenues.

■ BAC's obligations under its guarantee of the notes will be structurally subordinated to liabilities of its subsidiaries.

■ The notes issued by us will not have the benefit of any cross-default or cross-acceleration with other indebtedness of BofA Finance or BAC; events of bankruptcy or insolvency or resolution proceedings relating to BAC and covenant breach by BAC will not constitute an event of default with respect to the notes.

**<u>Valuation- and Market-related Risks</u>**

■ The initial estimated value of the notes considers certain assumptions and variables and relies in part on certain forecasts about future events, which may prove to be incorrect. The initial estimated value of the notes is an estimate only, determined as of the pricing date by reference to our and our affiliates' pricing models. These pricing models consider certain assumptions and variables, including our credit spreads, and those of BAC, BAC's internal funding rate on the pricing date, mid-market terms on hedging transactions, expectations on interest rates and volatility, price-sensitivity analysis, and the expected term of the notes. These pricing models rely in part on certain forecasts about future events, which may prove to be incorrect.

■ The public offering price you are paying for the notes exceeds the initial estimated value. If you attempt to sell the notes prior to maturity, their market value may be lower than the price you paid for them and lower than the initial estimated value. This is due to, among other things, changes in the value of the Basket, changes in BAC's internal funding rate, and the inclusion in the public offering price of the underwriting discount and the hedging-related charge, all as further described in "Structuring the Notes" on page TS-28. These factors, together with various credit, market and economic factors over the term of the notes, are expected to reduce the price at which you may be able to sell the notes in any secondary market and will affect the value of the notes in complex and unpredictable ways.

■ The initial estimated value does not represent a minimum or maximum price at which we, BAC, MLPF&S, BofAS or any of our other affiliates would be willing to purchase your notes in any secondary market (if any exists) at any time. The value of your notes at any time after issuance will vary based on many factors that cannot be predicted with accuracy, including the performance of the Market Measure, our and BAC's creditworthiness and changes in market conditions.

■ A trading market is not expected to develop for the notes. None of us, BAC, MLPF&S or BofAS is obligated to make a market for, or to repurchase, the notes. There is no assurance that any party will be willing to purchase your notes at any price in any secondary market.

**<u>Conflict-related Risks</u>**

■ BAC and its affiliates' hedging and trading activities (including trades in the Basket Stocks) and any hedging and trading activities BAC or its affiliates engage in that are not for your account or on your behalf, may affect the market value and return of the notes and may create conflicts of interest with you.

■ There may be potential conflicts of interest involving the calculation agent, which is an affiliate of ours. We have the right to appoint and remove the calculation agent.

**<u>Market Measure-related Risks</u>**

■ The issuers of the Basket Stocks (each, an "Underlying Company" and together, the "Underlying Companies") will have no obligations relating to the notes, and none of us, BAC, MLPF&S or BofAS will perform any due diligence procedures with respect to any Underlying Company in connection with this offering.

Capped Notes TS-7

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

■ You will have no rights of a holder of the Basket Stocks, and you will not be entitled to receive shares of the Basket Stocks or dividends or other distributions by the Underlying Companies.

■ The payment on the notes will not be adjusted for all corporate events that could affect a Basket Stock. See "Description of the LIRNs—Anti-Dilution Adjustments" beginning on page PS-28 of the accompanying product supplement STOCK LIRN-1.

■ While BAC and our other affiliates may from time to time own securities of the Underlying Companies, we, BAC and our other affiliates do not control any Underlying Company, and have not verified any disclosures made by any Underlying Company.

**<u>Tax-related Risks</u>**

■ The U.S. federal income tax consequences of the notes are uncertain, and may be adverse to a holder of the notes. See "Summary Tax Consequences" below and "U.S. Federal Income Tax Summary" beginning on page PS-39 of the accompanying product supplement STOCK LIRN-1.

Additional Risk Factors

**The Basket Stocks are concentrated in one sector**. All of the Basket Stocks are issued by companies in the technology sector. Although an investment in the notes will not give holders any ownership or other direct interests in the Basket Stocks, the return on an investment in the notes will be subject to certain risks associated with a direct equity investment in companies in the technology sector. Accordingly, by investing in the notes, you will not benefit from the diversification which could result from an investment linked to companies that operate in multiple sectors.

**An investment in the notes is subject to risks associated with investing in stocks in the technology sector.** The Basket Stocks are issued by companies whose primary business is directly associated with the technology sector. Because the value of the notes is linked to the performance of the Basket Stocks, an investment in the notes exposes investors to risks associated with investments in the stocks of companies in the technology sector.

The profitability of technology companies can be significantly affected by intense competition and rapid product obsolescence. Technology companies may also have limited product lines, markets, financial resources or personnel. In addition, technology companies are heavily dependent on intellectual property rights, and the loss or impairment of those rights could adversely affect the prices of the Basket Stocks and increase the volatility of the Market Measure.

The value of the notes may be subject to greater volatility and be more adversely affected by a single economic, political or regulatory occurrence affecting the technology sector than a different investment linked to a more broadly diversified group of issuers. All of these factors could have an adverse effect on the prices of the Basket Stocks and, therefore, on the value of the Market Measure and the value of the notes.

**CRDO has limited actual historical information.** CRDO commenced trading on the Nasdaq Global Select Market recently. Because CRDO is of recent origin and limited actual historical performance data exists with respect to it, your investment in the notes may involve a greater risk than investing in notes linked to underlying stocks with a more established record of performance.

Capped Notes TS-8

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

The Basket

The Basket is designed to allow investors to participate in the percentage changes of the Basket from the Starting Value to the Ending Value. The Basket Stocks are described in the section "The Basket Stocks" below. Each Basket Stock will be assigned an initial equal weight on the pricing date, as set forth in the table below.

For more information on the calculation of the value of the Basket, please see the section entitled "Description of LIRNs—Basket Market Measures" beginning on page PS-34 of the accompanying product supplement STOCK LIRN-1.

On the pricing date, for each Basket Stock, the Initial Component Weight, the Closing Market Price, the Component Ratio and the initial contribution to the Basket value is as follows:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; **Basket Stock**  | &nbsp;&nbsp; **Bloomberg Symbol**  | &nbsp;&nbsp; **Initial Component Weight**  | &nbsp;&nbsp; **Closing Market Price<sup>(1)</sup>**  | &nbsp;&nbsp; **Component Ratio<sup>(1)(</sup><sup>2</sup><sup>)</sup>**  | &nbsp;&nbsp; **Initial Basket Value Contribution**  |
| &nbsp;&nbsp; **NVIDIA Corporation**  | &nbsp;&nbsp; NVDA  | &nbsp;&nbsp; 25.00%  | 180.64  | 0.13839681  | 25.00  |
| &nbsp;&nbsp; **Broadcom Inc.**  | &nbsp;&nbsp; AVGO  | &nbsp;&nbsp; 25.00%  | 346.82  | 0.07208350  | 25.00  |
| &nbsp;&nbsp; **Advanced Micro Devices Inc**  | &nbsp;&nbsp; AMD  | &nbsp;&nbsp; 25.00%  | 206.02  | 0.12134744  | 25.00  |
| &nbsp;&nbsp; **Credo Technology Group Holding Ltd**  | &nbsp;&nbsp; CRDO  | &nbsp;&nbsp; 25.00%  | 134.73  | 0.18555630  | 25.00  |
|  |  |  |  | &nbsp;&nbsp; **Starting Value**  | 100.00  |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) These were theactual Closing Market Prices of the Basket Stocks.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2) Each hypothetical Component Ratio equals the Initial Component Weight of the relevant Basket Stock (as a percentage) multiplied by 100, and then divided by the Closing Market Price of that Basket Stock on the pricing date and rounded to eight decimal places.

The calculation agent will calculate the Ending Value of the Basket for the calculation day, as applicable, by summing the products of (1) the Closing Market Price of each Basket Stock (multiplied by its applicable Price Multiplier on the calculation day), and (2) the Component Ratio for that Basket Stock. The Price Multiplier for each Basket Stock will initially be 1, and is subject to adjustment as described in the accompanying product supplement STOCK LIRN-1 under "Description of the LIRNs – Anti-Dilution Adjustments". If a Market Disruption Event or non-trading day occurs as to any Basket Stock on the scheduled calculation day, the Closing Market Price of that Basket Stock will be determined as more fully described in the section entitled "Description of the LIRNs—Basket Market Measures—Observation Level or Ending Value of the Basket" beginning on page PS-35 of the accompanying product supplement STOCK LIRN-1.

Capped Notes TS-9

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

***While actual historical information on the Basket did not exist before the pricing date, the following graph sets forth the hypothetical historical performance of the Basket from January 27, 2022 through November 20, 2025. The graph is based upon actual daily historical levels of the Basket Stocks, hypothetical Component Ratios based on the closing levels of the Basket Stocks as of January 27, 2022, and a Basket value of 100.00 as of that date. This hypothetical historical data on the Basket is not necessarily indicative of the future performance of the Basket or what the value of the notes may be. Any hypothetical historical upward or downward trend in the value of the Basket during any period set forth below is not an indication that the value of the Basket is more or less likely to increase or decrease at any time over the term of the notes.***

**Hypothetical Historical Performance of the Basket**

![](image_007.jpg)

Capped Notes TS-10

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

The Basket Stocks

We have derived the following information from publicly available documents. We have not independently verified the accuracy or completeness of the following information.

Because each Basket Stock is registered under the Securities Exchange Act of 1934, the Underlying Companies are required to file periodically certain financial and other information specified by the SEC. Information provided to or filed with the SEC by the Underlying Companies can be located through the SEC's website at http://www.sec.gov by reference to the applicable CIK number set forth below.

This term sheet relates only to the notes and does not relate to any securities of the Underlying Companies. Neither we nor any of our affiliates have participated or will participate in the preparation of the Underlying Companies' publicly available documents. Neither we nor any of our respective affiliates has made any due diligence inquiry with respect to the Underlying Companies in connection with the offering of the notes. None of us, MLPF&S, BofAS or any of our respective affiliates makes any representation that the publicly available documents or any other publicly available information regarding the Underlying Companies are accurate or complete. Furthermore, there can be no assurance that all events occurring prior to the date of this term sheet, including events that would affect the accuracy or completeness of these publicly available documents that would affect the trading price of the Basket Stocks, have been or will be publicly disclosed. Subsequent disclosure of any events or the disclosure of or failure to disclose material future events concerning an Underlying Company could affect the price of its Basket Stock and therefore could affect your return on the notes. The selection of the Basket Stocks is not a recommendation to buy or sell shares of the Basket Stocks.

**Common Stock of NVIDIA Corporation**

NVIDIA Corporation operates as a tech company. The company develops a platform for scientific computing, AI, data science, autonomous vehicles, robotics, metaverse, and 3D internet applications, as well as focuses on PC graphics. The company serves clients worldwide. This Basket Stock trades on the Nasdaq Global Select Market under the symbol "NVDA". The company's CIK number is 0001045810.

***The following graph shows the daily historical performance of the Underlying Stock on its primary exchange in the period from January 2, 2015 through November 20, 2025. We obtained this historical data from Bloomberg L.P. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg L.P. On November 20, 2025, the Closing Market Price of the Underlying Stock was $180.64. The graph below may have been adjusted to reflect certain corporate actions such as stock splits and reverse stock splits.***

**Historical Performance of NVDA**

![](image_008.jpg)

***This historical data on NVDA is not necessarily indicative of the future performance of NVDA or what the value of the notes may be. Any historical upward or downward trend in the price per share of NVDA during any period set forth above is not an indication that the price per share of NVDA is more or less likely to increase or decrease at any time over the term of the notes.***

***Before investing in the notes, you should consult publicly available sources for the prices and trading pattern of NVDA.***

Capped Notes TS-11

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

**Common Stock of Broadcom Inc.**

Broadcom Inc. designs, develops, and supplies semiconductor and infrastructure software solutions. The company offers storage adapters, controllers, networking processors, motion control encoders, and optical sensors, as well as infrastructure and security software to modernize, optimize, and secure the complex hybrid environments. The company serves customers worldwide.This Basket Stock trades on the Nasdaq Global Select Market under the symbol "AVGO". The company's CIK number is 0001730168.

***The following graph shows the daily historical performance of the Underlying Stock on its primary exchange in the period from January 2, 2015 through November 20, 2025. We obtained this historical data from Bloomberg L.P. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg L.P. On November 20, 2025, the Closing Market Price of the Underlying Stock was $346.82. The graph below may have been adjusted to reflect certain corporate actions such as stock splits and reverse stock splits.***

**Historical Performance of AVGO**

![](image_009.jpg)

***This historical data on AVGO is not necessarily indicative of the future performance of AVGO or what the value of the notes may be. Any historical upward or downward trend in the price per share of AVGO during any period set forth above is not an indication that the price per share of AVGO is more or less likely to increase or decrease at any time over the term of the notes.***

***Before investing in the notes, you should consult publicly available sources for the prices and trading pattern of AVGO.***

Capped Notes TS-12

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

**Common Stock of Advanced Micro Devices, Inc.**

Advanced Micro Devices, Inc. produces semiconductor products and devices. The company offers products such as microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products and supplies it to third-party foundries, as well as provides assembling, testing, and packaging services. The company serves customers worldwide. This Basket Stock trades on the Nasdaq Global Select Market under the symbol "AMD." The company's CIK number is 0000002488.

***The following graph shows the daily historical performance of the Underlying Stock on its primary exchange in the period from January 2, 2015 through November 20, 2025. We obtained this historical data from Bloomberg L.P. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg L.P. On November 20, 2025, the Closing Market Price of the Underlying Stock was $206.02. The graph below may have been adjusted to reflect certain corporate actions such as stock splits and reverse stock splits.***

**Historical Performance of AMD**

![](image_0010.jpg)

***This historical data on AMD is not necessarily indicative of the future performance of AMD or what the value of the notes may be. Any historical upward or downward trend in the price per share of AMD during any period set forth above is not an indication that the price per share of AMD is more or less likely to increase or decrease at any time over the term of the notes.***

**Before investing in the notes, you should consult publicly available sources for the prices and trading pattern of AMD.** 

Capped Notes TS-13

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

**Ordinary Shares of Credo Technology Group Holding Ltd**

Credo Technology Group Holding Ltd operates as a holding company. The company, through its subsidiaries, provides connectivity solutions such as IP and chiplets, line cards, optical DSPs, and active electrical cables. The company serves customers worldwide. This Basket Stock trades on the Nasdaq Global Select Market under the symbol "CRDO." The company's CIK number is 0001807794.

***The following graph shows the daily historical performance of the Underlying Stock on its primary exchange in the period from January 27, 2022 (the date CRDO began trading) through November 20, 2025. We obtained this historical data from Bloomberg L.P. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg L.P. On November 20, 2025, the Closing Market Price of the Underlying Stock was $134.73. The graph below may have been adjusted to reflect certain corporate actions such as stock splits and reverse stock splits.***

**Historical Performance of CRDO**

![](image_0011.jpg)

***This historical data on CRDO is not necessarily indicative of the future performance of CRDO or what the value of the notes may be. Any historical upward or downward trend in the price per share of CRDO during any period set forth above is not an indication that the price per share of CRDO is more or less likely to increase or decrease at any time over the term of the notes.***

***Before investing in the notes, you should consult publicly available sources for the prices and trading pattern of CRDO.***

Capped Notes TS-14

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

Supplement to the Plan of Distribution; Conflicts of Interest

Under our distribution agreement with BofAS, BofAS will purchase the notes from us as principal at the public offering price indicated on the cover of this term sheet, less the indicated underwriting discount.

MLPF&S will purchase the notes from BofAS for resale, and it will receive a selling concession in connection with the sale of the notes in an amount up to the full amount of underwriting discount set forth on the cover of this term sheet.

We will pay a fee to LFT Securities, LLC for providing certain electronic platform services with respect to this offering, which will reduce the economic terms of the notes to you. An affiliate of BofAS has an ownership interest in LFT Securities, LLC.

MLPF&S and BofAS, each, a broker-dealer subsidiary of BAC, are members of the Financial Industry Regulatory Authority, Inc. ("FINRA") and will participate as selling agent, in the case of BofAS, and as dealer, in the case of MLPF&S, in the distribution of the notes. Accordingly, offerings of the notes will conform to the requirements of Rule 5121 applicable to FINRA members. Neither BofAS nor MLPF&S may make sales in this offering to any of its discretionary accounts without the prior written approval of the account holder.

We will deliver the notes against payment therefore in New York, New York on a date that is greater than one business day following the pricing date. Under Rule 15c6-1 of the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in one business day, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes more than one business day prior to the original issue date will be required to specify alternative settlement arrangements to prevent a failed settlement.

The notes will not be listed on any securities exchange. In the original offering of the notes, the notes will be sold in minimum investment amounts of 100 units. If you place an order to purchase the notes, you are consenting to MLPF&S and/or one of its affiliates acting as a principal in effecting the transaction for your account.

MLPF&S and BofAS may repurchase and resell the notes, with repurchases and resales being made at prices related to then-prevailing market prices or at negotiated prices, and these will include MLPF&S's and BofAS's trading commissions and mark-ups or mark-downs. MLPF&S and BofAS may act as principal or agent in these market-making transactions; however, neither is obligated to engage in any such transactions. At their discretion, for a short, undetermined initial period after the issuance of the notes, MLPF&S and BofAS may offer to buy the notes in the secondary market at a price that may exceed the initial estimated value of the notes. Any price offered by MLPF&S or BofAS for the notes will be based on then-prevailing market conditions and other considerations, including the performance of the Basket and the remaining term of the notes. However, neither we nor any of our affiliates is obligated to purchase your notes at any price, or at any time, and we cannot assure you that we or any of our affiliates will purchase your notes at a price that equals or exceeds the initial estimated value of the notes.

The value of the notes shown on your account statement will be based on BofAS's estimate of the value of the notes if BofAS or another of our affiliates were to make a market in the notes, which it is not obligated to do. That estimate will be based upon the price that BofAS may pay for the notes in light of then-prevailing market conditions and other considerations, as mentioned above, and will include transaction costs. At certain times, this price may be higher than or lower than the initial estimated value of the notes.

Capped Notes TS-15

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

Structuring the Notes

The notes are our debt securities, the return on which is linked to the performance of the Basket. The related guarantees are BAC's obligations. As is the case for all of our and BAC's respective debt securities, including our market-linked notes, the economic terms of the notes reflect our and BAC's actual or perceived creditworthiness at the time of pricing. In addition, because market-linked notes result in increased operational, funding and liability management costs to us and BAC, BAC typically borrows the funds under these types of notes at a rate that is more favorable to BAC than the rate that it might pay for a conventional fixed or floating rate debt security. This rate, which we refer to in this term sheet as BAC's internal funding rate, is typically lower than the rate BAC would pay when it issues conventional fixed or floating rate debt securities. This generally relatively lower internal funding rate, which is reflected in the economic terms of the notes, along with the fees and charges associated with market-linked notes, resulted in the initial estimated value of the notes on the pricing date being less than their public offering price.

At maturity, we are required to pay the Redemption Amount to holders of the notes, which will be calculated based on the performance of the Basket and the $10 per unit principal amount. In order to meet these payment obligations, at the time we issue the notes, we may choose to enter into certain hedging arrangements (which may include call options, put options or other derivatives) with BofAS or one of our other affiliates. The terms of these hedging arrangements are determined by seeking bids from market participants, including BofAS and its affiliates, and take into account a number of factors, including our and BAC's creditworthiness, interest rate movements, the volatility of the Basket, the tenor of the notes and the tenor of the hedging arrangements. The economic terms of the notes and their initial estimated value depend in part on the terms of these hedging arrangements.

BofAS has advised us that the hedging arrangements will include a hedging-related charge of approximately $0.05 per unit, reflecting an estimated profit to be credited to BofAS from these transactions. Since hedging entails risk and may be influenced by unpredictable market forces, additional profits and losses from these hedging arrangements may be realized by BofAS or any third party hedge providers.

For further information, see "Risk Factors" beginning on page PS-8 and "Use of Proceeds" on page PS-22 of the accompanying product supplement STOCK LIRN-1.

Validity of the Notes

In the opinion of Sidley Austin LLP, as counsel to BofA Finance and BAC, when the trustee has made the appropriate entries or notations on Schedule 1 to the master global note that represents the Notes (the "Master Note") identifying the Notes offered hereby as supplemental obligations thereunder in accordance with the instructions of BofA Finance, and the Notes have been delivered against payment as contemplated herein, such Notes will be valid and binding obligations of BofA Finance, and the related guarantee will be a valid and binding obligation of BAC, in each case, enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency and similar laws affecting creditors' rights generally, concepts of reasonableness and equitable principles of general applicability (including, without limitation, concepts of good faith, fair dealing and the lack of bad faith), provided that such counsel expresses no opinion as to the effect of fraudulent conveyance, fraudulent transfer or similar provision of applicable law on the conclusions expressed above. This opinion is given as of the date hereof and is limited to the Delaware Limited Liability Company Act, the Delaware General Corporation Law and the laws of the State of New York as in effect on the date hereof. In addition, this opinion is subject to customary assumptions about the trustee's authorization, execution and delivery of the indenture and due authentication of the Master Note and the genuineness of signatures and certain factual matters, all as stated in the letter of such counsel dated October 16, 2025 which has been filed as Exhibit 5.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 16, 2025.

Capped Notes TS-16

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<u> Capped Notes <br>Linked to a Basket of Four Technology-Related Stocks, due January 29, 2027 </u>  

Summary Tax Consequences

You should consider the U.S. federal income tax consequences of an investment in the notes, including the following:

■ There is no statutory, judicial, or administrative authority directly addressing the characterization of the notes.

■ You agree with us (in the absence of an administrative determination, or judicial ruling to the contrary) to characterize and treat the notes for all tax purposes as a single financial contract with respect to the Basket.

■ Under this characterization and tax treatment of the notes, a U.S. Holder (as defined beginning on page 71 of the prospectus) generally will recognize capital gain or loss upon maturity or upon a sale or exchange of the notes prior to maturity. This capital gain or loss generally will be long-term capital gain or loss if you held the notes for more than one year.

■ No assurance can be given that the Internal Revenue Service ("IRS") or any court will agree with this characterization and tax treatment.

■ Under current IRS guidance, withholding on "dividend equivalent" payments (as discussed in the product supplement), if any, will not apply to notes that are issued as of the date of this term sheet unless such notes are "delta-one" instruments.

**You should consult your own tax advisor concerning the U.S. federal income tax consequences to you of acquiring, owning, and disposing of the notes, as well as any tax consequences arising under the laws of any state, local, foreign, or other tax jurisdiction and the possible effects of changes in U.S. federal or other tax laws. You should review carefully the discussion under the section entitled "U.S. Federal Income Tax Summary" beginning on page PS-39 of product supplement STOCK LIRN-1.**

Where You Can Find More Information

We and BAC have filed a registration statement (including a product supplement, a prospectus supplement and a prospectus) with the SEC for the offering to which this term sheet relates. Before you invest, you should read the Note Prospectus, including this term sheet, and the other documents relating to this offering that we and BAC have filed with the SEC, for more complete information about us, BAC and this offering. You may get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, we, any agent or any dealer participating in this offering will arrange to send you these documents if you so request by calling MLPF&S or BofAS toll-free at 1-800-294-1322.

"Leveraged Index Return Notes<sup>®</sup>" and "LIRNs<sup>®</sup>" are BAC's registered service marks.

Capped Notes TS-17

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## Ex-Filing

?xml version='1.0' encoding='ASCII'? EX-FILING FEES

**Exhibit 107**

The prospectus to which this Exhibit is attached is a final prospectus for the related offering. The maximum aggregate offering price for such offering is $10,863,670.00.

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