BofA Finance LLC has taken a significant step in the financial market by filing a preliminary pricing supplement for its new Contingent Income Issuer Callable Yield Notes. This offering is fully and unconditionally guaranteed by Bank of America Corporation and is designed to attract investors looking for innovative financial products.

The notes are linked to the performance of the Dow Jones Industrial Average, the Russell 2000 Index, and the VanEck Semiconductor ETF. This linkage indicates a strategic approach to appeal to investors interested in market-driven returns, reflecting the company's commitment to providing diverse investment options.

Background

BofA Finance LLC is a subsidiary of Bank of America Corporation, incorporated in Delaware, and classified under the SIC code 6021, which denotes National Commercial Banks. The company operates primarily from its headquarters located at 100 North Tryon Street, Charlotte, North Carolina. The recent filings from October 30, 2026, include multiple submissions of Form 424B2, highlighting the company's active engagement in the financial markets.

What the Filing Says

The filing states, "This pricing supplement, which is not complete and may be changed, relates to an effective Registration Statement under the Securities Act of 1933." It further details that the notes are expected to price on November 13, 2026, and are anticipated to issue on November 18, 2026. The notes will have a contingent coupon rate of 12.50% per annum, payable monthly, depending on the performance of the underlying indices.

Impact

This offering may significantly impact various stakeholders, including investors seeking innovative financial products and other entities in the national commercial banking sector. The guaranteed nature of the notes by Bank of America Corporation adds a layer of security for potential investors, which could influence their investment decisions.

What's Next

The next steps include the pricing of the notes on November 13, 2026, followed by their issuance on November 18, 2026. Further details regarding the performance of the notes and their market reception will likely emerge after these dates.