BofA Finance LLC has priced $105,000 in contingent income auto-callable yield notes linked to the performance of major stock indices. This announcement is significant as it reflects the company's strategy to innovate within the financial product landscape.

The notes are fully and unconditionally guaranteed by Bank of America Corporation, which adds a layer of security for potential investors. The offering is set to issue on November 2, 2026, following its pricing on October 28, 2026.

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 based in Charlotte, North Carolina, and has been active in the financial market, contributing to the diverse offerings of its parent company.

What the Filing Says

The filing indicates that the notes are linked to the performance of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index. The contingent coupon rate is set at 10.50% per annum, payable monthly if certain conditions are met.

Impact

This issuance may attract various investors looking for structured products that offer contingent income based on the performance of underlying indices. The guaranteed nature of the notes by Bank of America Corporation may also appeal to risk-averse investors.

What's Next

The notes are scheduled to be issued on November 2, 2026. Further details may emerge as the issuance date approaches.