BofA Finance LLC has announced the filing of a pricing supplement for its contingent income auto-callable yield notes, valued at $250,000. This financial instrument is designed to attract investors by linking its performance to the stocks of Robinhood Markets, Intel Corporation, and Tesla, Inc. The notes are expected to issue on November 2, 2026, following their pricing on October 28, 2026.

This filing is significant as it reflects BofA Finance's commitment to providing innovative financial products in the competitive landscape of national commercial banks. By offering these notes, the company aims to enhance its portfolio and meet the evolving demands of investors looking for unique investment opportunities.

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 include multiple pricing supplements, all dated October 30, 2026, indicating a strategic push to introduce new financial products to the market.

What the Filing Says

The filing details the terms of the auto-callable yield notes, stating, "Payments on the Notes will depend on the individual performance of the Class A common stock of Robinhood Markets, Inc., the common stock of Intel Corporation, and the common stock of Tesla, Inc." The notes are designed to provide contingent coupons payable quarterly, contingent upon the performance of the underlying stocks.

Impact

This financial product may significantly impact investors interested in structured notes linked to stock performance. The unique structure of the notes, which includes a memory feature and contingent payments, could appeal to those seeking higher returns while managing risk. Additionally, the involvement of well-known companies like Robinhood, Intel, and Tesla may enhance investor interest.

What's Next

The notes are set to issue on November 2, 2026, following the pricing date. Investors will be closely monitoring the performance of the underlying stocks as the notes approach their maturity date in November 2028.