BofA Finance LLC has filed a new offering of Digital Return Notes, totaling $342,000, which are fully guaranteed by Bank of America Corporation. This issuance reflects BofA Finance's strategy to diversify its financial products and cater to investor interest in more complex investment vehicles.

The Digital Return Notes are linked to the performance of the Russell 2000 and S&P 500 indices, providing a unique investment opportunity. The Notes, priced on October 30, 2026, will be issued on November 4, 2026, and have an approximate term of 18 months.

Background

BofA Finance LLC is a subsidiary of Bank of America Corporation, operating under the National Commercial Banks sector (SIC 6021). The company is incorporated in Delaware and has its business address in Charlotte, North Carolina. BofA Finance focuses on providing various financial products and services, contributing to the broader offerings of its parent company, Bank of America.

What the Filing Says

The filing details the terms of the Digital Return Notes, stating, "Payment on the Notes will depend on the individual performance of the Russell 2000 Index and the S&P 500 Index." The Notes will not be listed on any securities exchange and carry certain risks, including potential loss of principal.

Impact

This issuance may affect a range of stakeholders, including investors looking for innovative investment options and financial advisors who guide clients in selecting suitable products. The guaranteed nature of the Notes by Bank of America Corporation adds a layer of security for potential investors.

What's Next

Following this filing, the next steps for BofA Finance LLC are not specified. Investors interested in the Digital Return Notes will need to consider the associated risks and potential returns as outlined in the offering documents.