BofA Finance LLC has taken a significant step in the financial markets by filing a pricing supplement for its new Auto-Callable Notes. This product is linked to the performance of the Dow Jones Industrial Average and the Nasdaq-100 Index. The offering, which is fully guaranteed by Bank of America Corporation, is designed to attract investors looking for innovative financial instruments.

The filing, dated October 28, 2026, indicates that the Auto-Callable Notes are expected to price on November 13, 2026, with an issue date set for November 18, 2026. This move is part of BofA Finance's broader strategy to diversify its financial products and cater to varying investor needs.

Background

BofA Finance LLC, classified under the SIC code 6021 as a National Commercial Bank, is a subsidiary of Bank of America Corporation. The company is incorporated in Delaware and has its business address in Charlotte, North Carolina. BofA Finance focuses on providing a range of financial services and products to its clients.

In its recent filings, BofA Finance has submitted multiple pricing supplements, indicating a proactive approach to expanding its offerings in the market. This latest filing is part of a series of documents submitted on the same date, showcasing the company's ongoing activity in the financial sector.

What the Filing Says

The pricing supplement outlines that the Auto-Callable Notes will have an approximate four-year term, with payments depending on the performance of the underlying indices. It states, "The Auto-Callable Notes Linked to the Least Performing of the Dow Jones Industrial Average and the Nasdaq-100 Index, due November 18, 2030, are expected to price on November 13, 2026." The document emphasizes that the notes are subject to the credit risk of BofA Finance LLC and Bank of America Corporation.

Impact

This offering may have significant implications for investors and the broader financial market. The Auto-Callable Notes are designed to appeal to those seeking exposure to major stock indices while potentially offering higher returns. The guarantee from Bank of America adds a layer of security for investors, which could influence their decision-making process.

Furthermore, this move could prompt competitors within the national commercial banking sector to introduce similar products in response to BofA Finance's innovative approach. As the market evolves, other banks may seek to capture investor interest by offering comparable financial instruments.

What's Next

The next steps for BofA Finance LLC involve the pricing of the Auto-Callable Notes on November 13, 2026, followed by their issuance on November 18, 2026. Investors will be closely watching these developments to gauge market reception and the potential performance of these new financial products.

For further details, the full filing can be accessed through the SEC's website with the accession number 0001918704-26-032950.