BofA Finance LLC has filed a preliminary pricing supplement for its Trigger Autocallable Notes linked to the S&P 500 Index, due November 16, 2028. This offering is significant as it reflects the company's strategy to expand its product offerings in the competitive national commercial banking sector. The notes are fully and unconditionally guaranteed by Bank of America Corporation, which adds a layer of security for potential investors.

The filing, dated November 10, 2026, outlines the key features of the notes, including their automatic call feature and the contingent repayment of principal at maturity. If the notes are not automatically called, investors face the risk of losing a substantial portion or all of their initial investment, depending on the performance of the underlying index.

Background

BofA Finance LLC is a finance subsidiary of Bank of America Corporation, operating under the Standard Industrial Classification (SIC) code 6021, which pertains to national commercial banks. The company is incorporated in Delaware and has its business address in Charlotte, North Carolina. This filing is part of a series of recent filings, with the latest being on November 13, 2026.

What the Filing Says

The filing states, "The Trigger Autocallable Notes linked to the S&P 500 Index... are senior unsecured obligations issued by BofA Finance LLC, guaranteed by Bank of America Corporation." The notes will have a minimum investment requirement of 100 notes, each with a stated principal amount of $10.00.

Impact

This offering may affect various stakeholders, including investors looking for innovative financial products and those concerned about the risks associated with such investments. The guarantee by Bank of America Corporation may attract investors seeking security in their investments.

What's Next

The filing does not say what happens next.