BofA Finance LLC has announced the filing of a pricing supplement for its new Digital Return Notes, which are linked to the performance of the Russell 2000 and S&P 500 indices. This filing, dated November 4, 2026, signifies the company's efforts to expand its product offerings and attract investors seeking unique financial instruments.

The Digital Return Notes are expected to price on November 25, 2026, and are set to issue on December 1, 2026. The notes will have an approximate term of 15 months, maturing on March 1, 2028. Payment on these notes will depend on the performance of the underlying indices, with specific conditions outlined for returns based on their performance.

Background

BofA Finance LLC operates within the National Commercial Banks sector, as indicated by its Standard Industrial Classification (SIC) code 6021. The company is a subsidiary of Bank of America Corporation and is incorporated in Delaware. The firm has been active in filing various forms with the SEC, including multiple recent filings of Form 424B2 on November 3 and November 4, 2026.

What the Filing Says

The filing states, "The Digital Return Notes Linked to the Least Performing of the Russell 2000 Index and the S&P 500 Index, due March 1, 2028 (the 'Notes') are expected to price on November 25, 2026 and expected to issue on December 1, 2026." This highlights the structured nature of the notes and their dependence on the performance of the specified indices.

Impact

The introduction of these Digital Return Notes may attract a range of investors, particularly those interested in structured products that offer potential for higher returns linked to equity market performance. The notes carry specific risks, including the potential for loss of principal if the underlying indices perform poorly. Investors will need to consider these factors when evaluating the attractiveness of this offering.

What's Next

The pricing of the notes is scheduled for November 25, 2026, followed by their issuance on December 1, 2026. Further details regarding the performance and market reception of these notes will likely be available after their pricing date.