BofA Finance LLC has taken a significant step by filing a pricing supplement for its new contingent income auto-callable yield notes linked to the common stock of Amazon.com, Inc. This filing, dated October 28, 2026, indicates a strategic move by the company to diversify its financial offerings and attract investors looking for innovative investment products.

The notes, which are fully and unconditionally guaranteed by Bank of America Corporation, are expected to price on the same day as the filing and are set to issue on November 2, 2026. This initiative is part of BofA Finance's ongoing efforts to enhance its product lineup in the competitive national commercial banking sector.

Background

BofA Finance LLC operates in the national commercial banks sector, classified under SIC code 6021. The company, incorporated in Delaware, is a subsidiary of Bank of America Corporation, which is a major player in the banking industry. BofA Finance's recent filings include multiple pricing supplements, all submitted on October 28, 2026, indicating an active approach to capitalizing on market opportunities.

What the Filing Says

The filing outlines that the contingent income auto-callable yield notes are linked to Amazon's stock and will have a term of approximately two years if not called prior to maturity. It specifies that payments on the notes will depend on the performance of Amazon's stock, with a contingent coupon rate of 10.15% per annum, payable quarterly if certain conditions are met.

Impact

This new financial product could attract a range of investors, particularly those interested in equity-linked notes. As the notes are linked to Amazon's stock, they may appeal to investors looking for exposure to the tech giant while also seeking a fixed income component. The guarantee from Bank of America adds a layer of security, potentially increasing investor confidence.

What's Next

Following this filing, the notes are expected to be priced and issued shortly. The filing does not specify any further actions or upcoming votes related to this financial product.