BofA Finance LLC has recently filed a pricing supplement for a new set of Auto-Callable Notes linked to the Nasdaq-100 Index and the Russell 2000 Index. This filing, dated October 29, 2026, is significant as it represents the company’s efforts to expand its financial product offerings in a competitive market.

The Auto-Callable Notes are designed to provide investors with returns based on the performance of the linked indices. They are expected to price on November 25, 2026, and are set to issue on December 1, 2026. The notes will have a term of approximately three years, unless called prior to maturity.

Background

BofA Finance LLC, classified under the SIC code 6021 as a National Commercial Bank, operates primarily in the financial services sector. The company is a subsidiary of Bank of America Corporation, which also serves as the guarantor for the notes. BofA Finance is incorporated in Delaware and has its business address in Charlotte, North Carolina.

Recent filings from BofA Finance include multiple entries of Form 424B2, indicating ongoing activity in the issuance of financial products. The current filing, with accession number 0001918704-26-033310, is part of a series of filings made on the same date.

What the Filing Says

The filing outlines the terms of the Auto-Callable Notes, which will be linked to the performance of the Nasdaq-100 and Russell 2000 indices. Key details include:

  • The notes will not be listed on any securities exchange.
  • There are no periodic interest payments associated with these notes.
  • Investors may receive a return of $1,412.50 per $1,000.00 in principal amount if certain performance conditions are met.
  • Payments are subject to the credit risk of BofA Finance and Bank of America Corporation.

Impact

The issuance of these notes may attract a variety of investors, particularly those interested in structured products with exposure to major stock indices. This move could also influence the competitive landscape within the national commercial banking sector, prompting other banks to enhance their own product offerings.

What's Next

The next steps involve the pricing of the notes on November 25, 2026, followed by their issuance on December 1, 2026. Further updates may be provided in subsequent filings as the issuance date approaches.