BofA Finance LLC has taken a significant step in the financial market by filing a preliminary pricing supplement for its new Trigger Callable Yield Notes. This offering is linked to the performance of the Russell 2000 Index and the MSCI EAFE Index, with a maturity date set for February 9, 2028. The notes will be fully and unconditionally guaranteed by Bank of America Corporation, providing an additional layer of security for potential investors.

This move is particularly important as it reflects BofA Finance's strategy to diversify its investment products. The notes will pay a coupon payment on a monthly basis, regardless of the underlying performance, unless they are called prior to maturity. Investors will have the opportunity to receive a return based on the performance of the least performing underlying index, which could be appealing in a fluctuating market.

Background

BofA Finance LLC, classified under the SIC code 6021 for National Commercial Banks, operates as a finance subsidiary of Bank of America Corporation. The company is incorporated in Delaware and has its business address in Charlotte, North Carolina. This filing is part of a series of recent filings made on November 3, 2026, under the 424B2 form type, which includes multiple accession numbers indicating various aspects of the offering.

What the Filing Says

The filing details that the Trigger Callable Yield Notes will be linked to the least performing of the Russell 2000 Index and the MSCI EAFE Index. It states, "The Notes will pay a Coupon Payment, regardless of the performance of the Least Performing Underlying, on each monthly Coupon Payment Date unless the Notes have been previously called." This highlights the structured nature of the investment, which could attract a range of investors looking for fixed income opportunities.

Impact

This offering may affect a variety of stakeholders, including investors looking for innovative investment products, as well as competitors in the national commercial banking sector who may need to enhance their own offerings to remain competitive. The guarantee from Bank of America Corporation adds a level of confidence for investors, potentially increasing demand for these notes.

What's Next

The filing does not say what happens next, but it indicates that the notes are subject to completion and will be offered for a minimum investment of 100 notes at a public offering price of $10 each. Investors will need to monitor further announcements regarding the final terms and conditions of this offering.