BofA Finance LLC has taken a significant step in its financial offerings by filing a pricing supplement for its new contingent income issuer callable yield notes. These notes are linked to the S&P 500 Index and are expected to attract investors seeking income tied to market performance.

The filing, dated October 28, 2026, highlights the company's strategy to diversify its product range and enhance its competitive position within the national commercial banking sector. The notes will be fully and unconditionally guaranteed by Bank of America Corporation, providing an added layer of security for investors.

Background

BofA Finance LLC is a company incorporated in Delaware and operates under the SIC classification of National Commercial Banks (6021). The company is a subsidiary of Bank of America Corporation, which is a leading financial institution in the United States. BofA Finance LLC has been active in the capital markets, as evidenced by its recent filings, including multiple 424B2 forms on the same day.

What the Filing Says

The pricing supplement indicates that the contingent income issuer callable yield notes are expected to price on November 13, 2026, and are set to issue on November 18, 2026. The notes will have an approximate three-year term if not called prior to maturity. They feature a contingent coupon rate of 8.40% per annum, payable semi-annually, contingent upon the performance of the S&P 500 Index.

Impact

This development may affect a broad range of investors looking for structured products that offer potential income while managing exposure to market fluctuations. The guarantee from Bank of America Corporation adds confidence for investors concerned about the credit risk associated with BofA Finance LLC.

What's Next

The next steps include the pricing of the notes on November 13, 2026, followed by their issuance on November 18, 2026. Investors will be closely monitoring the performance of the S&P 500 Index leading up to these dates.