BofA Finance LLC has announced the launch of a new offering of contingent income notes valued at $915,000. This strategic move aims to diversify the company's financial products and attract potential investors in a competitive landscape.

The notes are designed to provide contingent income linked to the performance of three major tech stocks: Meta Platforms, Microsoft Corporation, and NVIDIA Corporation. The offering is part of BofA Finance's ongoing efforts to innovate within the national commercial banking sector.

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 incorporated in Delaware and has its principal office located in Charlotte, North Carolina. The recent filing, dated November 2, 2026, includes multiple submissions of Form 424B2, indicating a robust interest in this financial product.

What the Filing Says

According to the SEC filing, the contingent income notes will be issued in minimum denominations of $1,000 and have a term of approximately three years, unless called prior to maturity. The notes are fully and unconditionally guaranteed by Bank of America Corporation, providing an additional layer of security for investors.

The notes are linked to the least performing of the Class A common stock of Meta Platforms, Microsoft Corporation, and NVIDIA Corporation, with payments depending on the individual performance of these stocks. The filing states, "Payments on the Notes will depend on the individual performance of the Class A common stock of Meta Platforms, Inc., the common stock of Microsoft Corporation and the common stock of NVIDIA Corporation." This structure is designed to appeal to investors looking for unique opportunities in the market.

Impact

This offering may significantly affect investors seeking innovative investment options, particularly those interested in tech stocks. Additionally, it may influence the competitive landscape among national commercial banks as they adapt to evolving market demands. BofA Finance's strategy could prompt other banks to explore similar products to attract investors.

What's Next

The filing does not specify what happens next, but the notes are set to issue on November 3, 2026, following the pricing date of October 29, 2026. Investors will be watching closely to see how this offering performs in the market.