BofA Finance LLC has filed a pricing supplement for $18,000 in Auto-Callable Notes, which are fully guaranteed by Bank of America Corporation. This filing is significant as it highlights the company’s strategy to enhance its product offerings in the competitive landscape of national commercial banks.

The Auto-Callable Notes are linked to the performance of three major indices: the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index. The notes are set to mature on November 1, 2029, and are priced at $1,000 each, with a minimum investment of $1,000.

Background

BofA Finance LLC, classified under the SIC code 6021 for National Commercial Banks, operates as a subsidiary of Bank of America Corporation. The company is incorporated in Delaware and has its headquarters in Charlotte, North Carolina. Recent filings indicate a series of pricing supplements filed on October 30, 2026, including this latest offering.

What the Filing Says

The filing details that the Auto-Callable Notes will be issued on November 2, 2026, and are structured to provide returns based on the performance of the underlying indices. The document states, "Payment on the Notes will depend on the individual performance of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index." Additionally, it notes that if any underlying index declines by more than 30% from its starting value, investors may face a loss of principal.

Impact

This offering may attract a diverse range of investors, particularly those interested in structured products linked to equity performance. The guarantee from Bank of America adds a layer of security for potential investors, which could influence their investment decisions. Other players in the national commercial banking sector may closely monitor this issuance to gauge investor appetite for similar products.

What's Next

The notes will be issued on November 2, 2026, as indicated in the filing. Further details regarding the performance and reception of these notes in the market are expected to emerge following their issuance.