BofA Finance LLC has filed a preliminary pricing supplement for its new Contingent Income Auto-Callable Yield Notes, which are linked to the performance of the VanEck Gold Miners ETF and the iShares Silver Trust. This offering is significant as it reflects the company's ongoing strategy to diversify its financial products and attract investors in a competitive market.

These notes, which are set to price on November 24, 2026, and issue on November 30, 2026, will have a term of approximately 2.75 years, unless they are called prior to maturity. The notes will offer a contingent coupon rate of 10.50% per annum, payable monthly, provided certain performance conditions are met.

Background

BofA Finance LLC is a subsidiary of Bank of America Corporation, classified under the SIC code 6021, which pertains to National Commercial Banks. The company is incorporated in Delaware and has its business address in Charlotte, North Carolina. This filing follows a series of recent filings by BofA Finance LLC on November 4, 2026, including multiple 424B2 forms.

What the Filing Says

The filing outlines the terms of the auto-callable yield notes, stating, "Payments on the Notes will depend on the individual performance of the VanEck Gold Miners ETF and the iShares Silver Trust." It also highlights that the notes will not be listed on any securities exchange and are subject to the credit risk of BofA Finance LLC and Bank of America Corporation.

Impact

This new offering could impact investors seeking alternative investment options linked to precious metals. Additionally, it may influence other national commercial banks to explore similar structured products to remain competitive in the market.

What's Next

Investors will be awaiting the pricing on November 24, 2026, to determine the final terms of the notes. The filing does not specify any further steps beyond this pricing date.