Every 424B that Bank of America Corporation (BAC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BAC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BAC filings page.
BofA Finance LLC is issuing $321,000 of senior unsecured Auto-Callable Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of Meta (META), Amazon (AMZN), Eli Lilly (LLY) and NVIDIA (NVDA). The Notes price on July 28, 2026, issue on July 31, 2026 and mature on July 31, 2031, unless automatically called quarterly starting August 2, 2027.
Each Note has a $1,000 denomination, no periodic interest and will not be listed on any exchange. If on a Call Observation Date the Observation Value of each underlying stock is at or above its Call Value (100% of its Starting Value), investors receive the applicable Call Amount (e.g., $1,107.500 on the first call date) and the Notes terminate. If not called and, at maturity, the Ending Value of each underlying is at or above its Redemption Barrier (100% of its Starting Value), the Redemption Amount is $1,537.50 per $1,000. Otherwise, investors receive only principal.
The public offering price is $1,000 per Note, including an underwriting discount of up to $37.50, for net proceeds to BofA Finance of $962.50 per Note. The initial estimated value is $959.70 per $1,000, reflecting BAC’s internal funding rate and hedging-related charges. All payments are subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC is offering $410,000 of Buffered Enhanced Return Notes linked to the EURO STOXX 50® Index, fully and unconditionally guaranteed by Bank of America Corporation. The Notes price on July 28, 2026, issue on July 31, 2026, and mature on August 2, 2028.
The payoff depends on index performance. The Starting Value is 6,289.51, with a Threshold Value of 5,660.56 (90% of the Starting Value). If the Ending Value is above the Starting Value, investors receive principal plus 105.00% of the index gain. If the Ending Value is between 90% and 100% of the Starting Value, investors receive only the $1,000 principal per Note. If the Ending Value falls below 90% of the Starting Value, principal is reduced 1:1 for declines beyond 10%, with up to 90% of principal at risk.
The Notes pay no periodic interest, will not be listed on any exchange, and all payments are subject to the credit risk of BofA Finance and BAC. The initial estimated value is $956.60 per $1,000 Note, below the public offering price, reflecting internal funding rates, underwriting discounts, referral fees and hedging-related charges.
BofA Finance LLC is offering $127,000 of Contingent Income Buffered (with Memory) Auto-Callable Yield Notes linked to the S&P 500 Futures 35% Volatility Compass TCA 6% Decrement Index ER, fully and unconditionally guaranteed by Bank of America Corporation. Each note has $1,000 principal and an approximate 5‑year term, unless automatically called.
Monthly contingent coupons are paid only when the index is at or above 80.00% of its Starting Value 1,051.68, with a memory feature that can make up missed coupons when conditions are later met. From July 28, 2027, the notes are automatically called if the index is at or above 100.00% of the Starting Value, returning principal plus the then‑due contingent coupon.
If not called, principal is protected only down to a 15% decline: at maturity, if the Ending Value is below the Threshold Value 85.00% of the Starting Value, investors are exposed 1:1 to further losses and can lose up to 85% of principal. The initial estimated value is $914.50 per $1,000, below the public offering price of $1,000, reflecting dealer compensation, internal funding rates, and hedging costs. All payments depend on the credit of BofA Finance and BAC, and the notes will not be listed on any exchange.
BofA Finance LLC is issuing $894,000 of Auto-Callable Return Notes linked to the S&P 500 FC TCA 0.50% Decrement Index ER, fully and unconditionally guaranteed by Bank of America Corporation. The notes price at $1,000 per note with a maturity on August 2, 2033, unless automatically called.
The notes pay no periodic interest. From August 2, 2027 onward, they are automatically called if the index meets or exceeds specified Call Values, paying Call Amounts of $1,110, $1,220 or $1,330 per $1,000 at early call dates. If not called and the Ending Value is at or above the Redemption Barrier of 490.26 (100% of the Starting Value), investors receive full upside participation; otherwise, they receive only principal back.
Any payment is subject to the credit risk of BofA Finance and BAC. The initial estimated value is $934.70 per $1,000, below the public offering price, reflecting internal funding rates, underwriting discounts and hedging costs. The underlying index uses leverage, a volatility target of 11.50%, and ongoing carry and transaction costs that can materially reduce performance.
BofA Finance LLC is offering Dual Directional Buffered Notes linked to the S&P 500 Index, fully and unconditionally guaranteed by Bank of America Corporation. The notes are expected to price on August 31, 2026, issue on September 3, 2026, and mature on September 6, 2028, giving an approximate 2‑year term.
At maturity, if the S&P 500 ending level is at or above its starting level, investors receive 100% of the index’s gain, capped at a Max Return of 22.85% (maximum redemption of $1,228.50 per $1,000). If the index is below the starting level but at or above 85% of it (the Threshold Value), investors receive the absolute value of the index’s decline, up to 15%. If the index finishes below 85% of its starting level, principal is exposed 1:1 to further declines and up to 85% of principal is at risk.
The notes pay no periodic interest, will not be listed on any exchange, and all payments are subject to the credit risk of BofA Finance and BAC. The public offering price is $1,000 per note, with an initial estimated value between $930 and $980 per $1,000. An affiliate may pay a referral fee of up to $8 per $1,000 in principal to other broker‑dealers.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $150,000 of Contingent Income Auto-Callable Yield Notes due August 2, 2029, linked to the least performing of the XLE, XLU and SMH ETFs. The notes pay a 16.50% per annum contingent coupon (1.375% monthly, or $13.75 per $1,000) only if on each observation date every underlying is at or above 70% of its Starting Value; otherwise no coupon is paid for that month.
Beginning January 28, 2027, the notes are automatically called if all underlyings are at or above 100% of their Starting Values, returning principal plus the applicable coupon. If not called, and at maturity the least performing underlying is at or above 50% of its Starting Value, investors receive principal (plus the final coupon if the 70% barrier is met). If the least performing underlying finishes below 50%, repayment is reduced 1:1 with its decline, up to a 100% loss of principal. The notes are unsecured obligations subject to the credit risk of BofA Finance and BAC, will not be listed, and had an initial estimated value of $954.60 per $1,000, below the public offering price.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Issuer Callable Yield Notes linked to the least performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index. The Notes are expected to price on August 26, 2026 and mature on August 30, 2029, unless called earlier.
The Notes pay a contingent coupon of 10.00% per annum (0.8334% per month, $8.334 per $1,000) on monthly Observation Dates when each index is at or above 70.00% of its Starting Value. Beginning March 3, 2027, BofA Finance may redeem the Notes monthly at par plus any due coupon. If held to maturity and the least performing index is below its 70.00% Threshold Value, principal is exposed 1:1 to that decline, up to a total loss of investment; otherwise, investors receive principal plus any final contingent coupon. The initial estimated value is $880–$930 per $1,000, below the $1,000 public offering price. Payments depend on the credit of BofA Finance and BAC, and the Notes will not be listed on any exchange.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering $951,000 of Buffered Auto-Callable Notes linked to the S&P 500 Futures 35% Volatility Compass TCA 6% Decrement Index ER, maturing July 31, 2031. The Notes are issued in $1,000 denominations, priced at $1,000 with an initial estimated value of $913.70.
The Notes pay no interest and are automatically callable monthly from August 2, 2027 at pre-set Call Amounts (starting at $1,114.504 per $1,000). If not called and the Ending Value is at least 90% of the Starting Value of 1,051.68, investors receive a fixed $1,572.52 per $1,000. If the Ending Value is between 85% and 90%, principal is returned. Below 85%, losses are 1:1 beyond the 15% buffer, with up to 85% of principal at risk.
The Underlying uses a leveraged, target-volatility futures strategy with a 6.00% per annum decrement cost and transaction costs each rebalancing window, which continually drag on index performance. The Notes are unsecured obligations subject to the credit risk of BofA Finance and BAC and will not be listed on any securities exchange.
BofA Finance LLC is issuing $76,000 of Buffered Auto-Callable Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the S&P 500® Futures 35% Volatility Compass TCA 6% Decrement Index ER. The Notes price at $1,000 per Note, have an approximate 5‑year term to July 31, 2031, and make no periodic interest payments. They are not listed on any exchange and any payment depends on the credit of BofA Finance and BAC.
Beginning August 2, 2027, the Notes are automatically callable monthly at preset Call Amounts if the index level is at or above the Call Value of 1,051.68. If never called and the Ending Value is at or above the Redemption Barrier (100% of the Starting Value), investors receive $1,920.04 per $1,000 at maturity. If the Ending Value is between 85% and 100% of the Starting Value, holders receive principal only; below 85%, principal is exposed 1:1 to further declines with up to 85% of principal at risk. The initial estimated value is $913.40 per $1,000, below the offering price, reflecting internal funding and hedging costs, as well as a 6.00% per annum decrement and transaction costs embedded in the underlying index.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering $99,000 of Contingent Income Buffered (with Memory Feature) Auto-Callable Yield Notes linked to the S&P 500 Futures 35% Volatility Compass TCA 6% Decrement Index ER, maturing on July 3, 2029, unless called earlier.
The notes pay monthly contingent coupons only if the index is at or above 80% of its 1,051.68 Starting Value, with a memory feature based on $8.125 per period. From January 28, 2027, the notes are auto-called if the index is at or above 100% of the Starting Value, returning principal plus the due coupon.
If not called and the index falls more than 20%, investors are exposed 1:1 to further declines, with up to 80% of principal at risk; otherwise principal is repaid. The underlying index uses leveraged E‑Mini S&P 500 futures with a 35% target volatility and a 6.00% per annum decrement cost, which continually drags performance. The initial estimated value is $932.70 per $1,000 note, below the public offering price, and the notes are unsecured, unlisted obligations subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC is offering $938,000 of Enhanced Return Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by Bank of America Corporation. The notes price at $1,000 per note, have an approximate 5-year term, price on July 28, 2026, issue on July 31, 2026, and mature on July 31, 2031. The Starting Value of the index is 594.12.
At maturity, if the Ending Value of the index is above the Starting Value, holders receive principal plus 122.00% of the index’s positive return; otherwise they receive only principal, with no periodic interest. The initial estimated value is $943.60 per $1,000 note, below the public offering price due to internal funding and hedging costs. The notes are unsecured senior obligations of BofA Finance, guaranteed by BAC, not listed on any exchange, treated as contingent payment debt instruments for U.S. tax purposes, and subject to extensive structure, market, credit, liquidity and tax risks detailed in the risk factors.
BofA Finance LLC is offering $674,000 of Contingent Income Buffered (with Memory Feature) Auto-Callable Yield Notes linked to the S&P 500 Futures 35% Volatility Compass TCA 6% Decrement Index ER, fully and unconditionally guaranteed by Bank of America Corporation, maturing on July 31, 2031 unless called earlier.
The Notes pay monthly contingent coupons using a memory formula: each payment per $1,000 equals $8.125 multiplied by the number of elapsed Contingent Payment Dates minus prior coupons, but only if the index is at or above the Coupon Barrier of 75% of the Starting Value (788.76). Starting July 28, 2027, the Notes are automatically called if the index is at or above the Call Value of 90% of the Starting Value (946.51), returning principal plus the applicable coupon.
If not called, principal is protected only down to the Threshold Value of 85% of the Starting Value (893.93). Below this level at maturity, investors have 1:1 downside exposure beyond a 15% decline, with up to 85% of principal at risk. The initial estimated value is $922 per $1,000, below the public offering price, reflecting internal funding and hedging costs. The underlying index uses leveraged futures exposure, a 35% target volatility strategy and a 6.00% per annum decrement cost, and the Notes are unsecured obligations subject to the credit risk of BofA Finance and BAC with no exchange listing.
BofA Finance LLC is offering $14,730,000 of Trigger Autocallable Notes linked to the S&P 500 Index, due July 31, 2031, fully and unconditionally guaranteed by Bank of America Corporation. Each Note has a $10 Stated Principal Amount, with a minimum investment of $1,000.
The Notes may be automatically called on annual Observation Dates if the S&P 500 closing level is at or above the Initial Value of 7,428.78, paying the Stated Principal plus a Call Return based on a fixed 8.60% per annum Call Return Rate; by the final Observation Date the Call Price reaches $14.30 per $10. If not called, principal is repaid at maturity only if the index on the Final Observation Date is at or above the Downside Threshold of 5,571.59 (75% of the Initial Value). Below this level, repayment is reduced in line with the index decline, up to a 100% loss of principal.
The Notes pay no interest or dividends and have no listed market. Any payment depends on the creditworthiness of BofA Finance and BAC. The public offering price is $10.00 per Note, including a $0.25 underwriting discount; the initial estimated value is $9.689 per $10 Stated Principal Amount, reflecting structuring and hedging costs.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the Russell 2000 Index (RTY) and the Technology Select Sector SPDR ETF (XLK). The notes are expected to price on August 14, 2026, issue on August 19, 2026, and have an approximate 23‑month term, maturing July 19, 2028, unless called earlier.
Investors may receive a 13.50% per annum contingent coupon (1.125% monthly) if on an Observation Date the value of each underlying is at least 70% of its Starting Value. Beginning November 19, 2026, the issuer may redeem the notes monthly at $1,000 plus any due coupon, ending future payments. If the notes are not called and the least‑performing underlying ends below its 70% Threshold Value, principal is exposed 1:1 to that decline, with up to 100% loss of principal.
The notes are unsecured obligations of BofA Finance, guaranteed by BAC, and will not be listed on any exchange. The public offering price is $1,000 per note, with underwriting discounts up to $6.75 and proceeds to BofA Finance as low as $993.25 per $1,000. The initial estimated value is expected between $920 and $970 per $1,000, reflecting internal funding and hedging costs. The filing highlights complex credit, market, structural and tax risks, and that investors may receive no coupons.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Auto-Callable Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the VanEck Semiconductor ETF, maturing on July 18, 2028.
The notes pay a 17.75% per annum contingent coupon (1.4792% monthly, or $14.792 per $1,000) only if on each monthly Observation Date all three underlyings are at or above 70% of their Starting Value. Beginning February 16, 2027, the notes are automatically called if all underlyings are at or above 100% of their Starting Value, returning principal plus that month’s coupon.
If not called, and at maturity the least performing underlying is at or above 60% of its Starting Value, investors receive principal (plus a final coupon if the 70% barrier is met). If any underlying ends below 60% of its Starting Value, repayment is reduced 1:1 with the decline in the least performing underlying, with up to 100% of principal at risk. The notes are unsecured obligations of BofA Finance, guaranteed by BAC, will not be listed, and are initially offered at $1,000 per note, with an initial estimated value between $900 and $950 per $1,000.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes due February 5, 2029, fully and unconditionally guaranteed by Bank of America Corporation. The Notes are linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Technology Sector Index and S&P 500 Index.
Investors may receive a 9.61% per annum contingent coupon (0.8009% monthly, $8.009 per $1,000) on each monthly Observation Date when all three indices close at or above 60.00% of their Starting Values. Beginning February 4, 2027, the issuer may redeem the Notes quarterly at $1,000 plus any due coupon.
If the Notes are not called and the least performing index finishes below 60.00% of its Starting Value on the Valuation Date, principal is exposed to 1:1 downside, with up to 100% loss of invested principal. The Notes are unsecured senior debt of BofA Finance, guaranteed by BAC, will not be listed, and have an initial estimated value between $916.40 and $966.40 per $1,000, below the $1,000 public offering price.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Issuer Callable Yield Notes due July 19, 2028, linked to the least performing of the Dow Jones Industrial Average, Russell 2000 Index and VanEck Semiconductor ETF. The notes pay a contingent coupon of 23.00% per annum (1.9167% monthly, $19.167 per $1,000) only if on each Observation Date every underlying is at or above 70.00% of its Starting Value. The issuer may call the notes monthly from November 19, 2026 at $1,000 plus any due coupon. If not called, and the least performing underlying is below 60.00% of its Starting Value at maturity, principal is reduced 1:1 with the decline, up to a total loss; otherwise principal is repaid and a final coupon may be paid if the 70.00% barrier is met. The initial estimated value is $920.00–$970.00 per $1,000, below the $1,000 public offering price, and all payments depend on the credit of BofA Finance and BAC. The notes will not be listed on any securities exchange.
Bank of America, through BofA Finance, is offering contingent income issuer callable yield notes due July 19, 2028, linked to the least performing of the EURO STOXX 50, Nasdaq‑100 and Russell 2000 indices. The notes have an approximate 23‑month term if not called and are fully and unconditionally guaranteed by Bank of America Corporation.
The notes pay a 10.25% per annum contingent coupon (0.8542% per month, $8.542 per $1,000) on monthly observation dates only if each index is at or above 70% of its starting value. Beginning November 19, 2026, the issuer may redeem the notes monthly at $1,000 plus any due coupon, ending all future payments.
If the notes are not called and at maturity the least performing index is below 70% of its starting value, investors are exposed to 1:1 downside to that index, with up to 100% of principal at risk$1,000 per note, with an underwriting discount up to $21.75 and initial estimated value between $910 and $960 per $1,000. The notes are unsecured, unsubordinated obligations of BofA Finance, guaranteed by BAC, and will not be listed on any securities exchange.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes due August 17, 2029, fully and unconditionally guaranteed by Bank of America Corporation and linked to the least performing of the Nasdaq‑100, Russell 2000 and S&P 500 indices. The Notes pay a contingent coupon of 9.25% per annum (0.7709% monthly) only if, on each monthly Observation Date, all three indices are at or above 70% of their Starting Values. Beginning August 19, 2027, BofA Finance may redeem the Notes monthly at par plus any applicable contingent coupon. If the Notes are not called and any index ends below 70% of its Starting Value, investors are exposed to 1:1 downside to the least performing index with up to 100% of principal at risk; otherwise, principal is repaid and a final coupon may be paid. The initial estimated value is expected to be $900–$950 per $1,000 Note, below the $1,000 public offering price, reflecting internal funding and hedging costs. Payments depend on the credit of BofA Finance and BAC, and the Notes will not be listed on any exchange.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the Nasdaq‑100, Russell 2000 and S&P 500 indices. The notes are expected to price on August 31, 2026, issue on September 3, 2026 and mature on September 6, 2028, unless called earlier.
The notes pay a contingent coupon of 11.25% per year (0.9375% per month, $9.375 per $1,000) only if on each monthly observation date all three indices are at or above 70% of their starting levels. Beginning March 4, 2027 the issuer may call the notes monthly at $1,000 per note plus any due coupon. If held to maturity and any index is below 70% of its starting level, repayment is reduced 1:1 with the decline of the worst-performing index, up to a total loss of principal; otherwise investors receive principal plus any final coupon. The notes are unsecured obligations of BofA Finance, guaranteed by BAC, will not be listed on an exchange, and have an initial estimated value between $925 and $975 per $1,000, below the $1,000 public offering price.
BofA Finance LLC offers Contingent Income Issuer Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the Nasdaq‑100 Index, Russell 2000 Index and S&P 500 Index, maturing on May 18, 2028 after an approximate 21‑month term.
The Notes pay a contingent coupon of 11.75% per annum (0.9792% monthly, $9.792 per $1,000) on monthly Observation Dates when each index is at or above 70.00% of its Starting Value. Beginning November 19, 2026, the issuer may redeem the Notes monthly at $1,000 plus any due coupon.
If not called, and the least performing index ends below 70.00% of its Starting Value, investors are exposed to 1:1 downside on that index with up to 100% principal at risk; otherwise principal is repaid and a final coupon may be paid. The initial estimated value is $930–$980 per $1,000, below the $1,000 public offering price, and all payments depend on the credit of BofA Finance and BAC.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, offers Auto-Callable Notes due August 12, 2031 linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index. The Notes have a $1,000 public offering price, with an underwriting discount of $36.75 and issuer proceeds of $963.25 per Note. The initial estimated value is expected between $910 and $960 per Note.
The Notes pay no interest and are automatically callable annually starting August 16, 2027 if each index is at or above its Call Value, for Call Amounts of $1,126, $1,252, $1,378 or $1,504 per $1,000, depending on call year. If not called and each Ending Value is at least its Starting Value, investors receive $1,630 per $1,000 at maturity. If the least performing index ends between 70% and 100% of its Starting Value, principal is repaid. If the least performing index ends below 70%, losses are 1:1 with that decline, up to a full loss of principal. The Notes are unsecured obligations, not listed on any exchange, and all payments are subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC is offering Contingent Income Auto-Callable Yield Notes due July 18, 2028, fully and unconditionally guaranteed by Bank of America Corporation and linked to the least performing of the Dow Jones Industrial Average, Russell 2000 Index and VanEck Semiconductor ETF. The notes have an approximate 23‑month term, $1,000 denominations and pay a contingent coupon of 19.75% per annum (1.6459% per month, or $16.459 per $1,000) only when on an Observation Date each underlying is at or above 70% of its Starting Value.
Beginning February 16, 2027, the notes are auto‑callable monthly at par plus the coupon if all underlyings are at or above 100% of their Starting Values. If not called, and at maturity the least performing underlying is at or above 60% of its Starting Value, investors receive principal back (plus a final coupon if the 70% barrier is met). If the least performing underlying finishes below 60%, repayment is reduced 1:1 with its decline, up to 100% loss of principal. The initial estimated value is $910–$960 per $1,000, below the $1,000 public offering price, and the notes are unsecured, unsubordinated obligations subject to the credit risk of BofA Finance and BAC and will not be listed on any exchange.
BofA Finance LLC is offering Contingent Income Auto-Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, in $1,000 denominations and linked to the least performing of three ETFs: XLE, XLU and SMH. The Notes are expected to price on August 13, 2026, issue on August 18, 2026, and mature on August 16, 2029, unless automatically called earlier.
The Notes pay a contingent coupon of 15.75% per annum (monthly $13.125 per $1,000) only if on each Observation Date every ETF is at or above 70% of its Starting Value. Beginning February 16, 2027, the Notes auto-call monthly at par plus the coupon if all ETFs are at or above 100% of their Starting Values. If not called and any ETF ends below 50% of its Starting Value, investors are exposed 1:1 to the decline of the least performing ETF, with up to 100% of principal at risk; otherwise, principal is returned and a final coupon may be paid if all ETFs are at or above the 70% barrier. The initial estimated value is $880–$930 per $1,000 due to internal funding rates, underwriting discount and hedging-related charges.
Bank of America’s subsidiary BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index, fully and unconditionally guaranteed by Bank of America Corporation. The Notes are expected to price on August 14, 2026, issue on August 19, 2026 and mature on August 17, 2029, unless called earlier beginning August 19, 2027.
The Notes pay a contingent coupon of 10.75% per annum (0.8959% per month, $8.959 per $1,000) on monthly Observation Dates only if each index is at or above 70% of its Starting Value. If not called, and the least performing index is below 70% of its Starting Value at maturity, investors are exposed to 1:1 downside on that index and can lose up to all principal; otherwise, principal is returned and the final coupon may be paid. The public offering price is $1,000 per Note, with an underwriting discount of up to $8 and dealer proceeds of $992 per $1,000, and the initial estimated value is expected to be between $920 and $970 per $1,000. Payments depend on the credit of BofA Finance and Bank of America; the Notes will not be listed on any exchange.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the Nasdaq-100® Index, Russell 2000® Index and S&P 500® Index. Each Note has a $1,000.00 denomination, an expected issue date of August 19, 2026, and a scheduled maturity on August 17, 2029, unless called earlier.
The Notes pay a contingent coupon of 9.25% per annum (i.e., $7.709 per $1,000 monthly) only if on an Observation Date each index is at or above 70.00% of its Starting Value. From February 19, 2027, the issuer may redeem the Notes monthly at par plus any due coupon, capping future income. If held to maturity and the least performing index ends below its 70.00% Threshold Value, principal is exposed 1:1 to that decline, with up to 100% loss of principal. The initial estimated value is $900.00–$950.00 per $1,000, below the public offering price of $1,000.00, reflecting internal funding and hedging costs. Payments depend on the credit of BofA Finance and BAC, the Notes will not be listed, and sales to retail investors in the EEA and UK are prohibited.
BofA Finance LLC is offering Contingent Income Auto-Callable Yield Notes due August 16, 2029, fully and unconditionally guaranteed by Bank of America Corporation and linked to the least performing of three ETFs: XLE, XLU and SMH. The notes have an approximate three-year term, price at $1,000 per note, will not be listed on any exchange and are subject to the credit risk of both the issuer and guarantor.
The notes pay a contingent coupon of 17.75% per annum (1.4792% monthly, or $14.792 per $1,000) for any month in which each underlying is at or above 70% of its Starting Value on the observation date. Beginning February 16, 2027, the notes are automatically callable monthly at par plus the coupon if each underlying is at or above 100% of its Starting Value.
If the notes are not called and the least performing underlying ends below 50% of its Starting Value, principal is exposed to 1:1 downside and investors can lose up to 100% of principal; otherwise, principal is repaid, with a final contingent coupon if all underlyings are at or above the 70% coupon barrier. The initial estimated value is expected between $850 and $900 per $1,000, below the public offering price, reflecting internal funding and distribution costs.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes due July 19, 2028, fully and unconditionally guaranteed by Bank of America Corporation. These approximately 23‑month notes pay a 12.00% per annum contingent coupon (1.00% monthly) only if on each Observation Date the EURO STOXX 50, Nasdaq‑100, and Russell 2000 are all at or above 70.00% of their Starting Values. Beginning November 19, 2026, the issuer may redeem the notes monthly at $1,000 plus any due coupon, ending future payments. If held to maturity and the least performing index is below 70.00% of its Starting Value, principal is reduced 1:1 with index loss, exposing investors to up to 100% loss of principal; otherwise, investors receive par plus any final contingent coupon. The public offering price is $1,000 per note, with an initial estimated value between $920 and $970 and proceeds of $993.25 per $1,000 before expenses. The notes are unsecured obligations subject to the credit risk of BofA Finance and BAC and will not be listed on any securities exchange.
Bank of America, through BofA Finance LLC and fully guaranteed by Bank of America Corporation, is offering auto-callable structured notes linked to the least performing of the Dow Jones Industrial Average®, the Nasdaq-100® Index and the Russell 2000® Index. The notes are expected to price on August 31, 2026, issue on September 3, 2026, and mature on September 5, 2031, for an approximate 5‑year term if not called earlier.
The notes are issued in $1,000 denominations at a public offering price of $1,000, with an underwriting discount of $11.25 and proceeds to BofA Finance of $988.75 per note. There are no periodic interest payments and the notes will not be listed on any exchange. Beginning September 3, 2027, they are automatically callable semi‑annually if each index is at or above its Call Value (100% of its Starting Value), paying the applicable Call Amount (from $1,135 up to $1,607.50 per $1,000) and then terminating.
If not called, and on the Valuation Date the Ending Value of each index is at or above its Redemption Barrier (100% of Starting Value), investors receive a fixed $1,675 per $1,000 at maturity. If the least performing index is below 100% but at or above its Threshold Value of 70%, investors receive only principal back. If the least performing index finishes below 70% of its Starting Value, principal is exposed 1:1 to that decline, with up to 100% loss of principal possible. All payments are subject to the credit risk of BofA Finance and BAC, and the initial estimated value is expected between $915 and $965 per $1,000, below the public offering price.
Bank of America, through BofA Finance, is issuing Contingent Income Issuer Callable Yield Notes due August 17, 2029, linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. The notes pay a contingent coupon of 11.25% per annum (0.9375% monthly, $9.375 per $1,000) only if on each Observation Date all three indexes are at or above 70% of their Starting Values.
Beginning February 19, 2027, the issuer may redeem the notes monthly at $1,000 plus any due coupon. If not called, and the worst-performing index is at or above 70% at maturity, investors receive principal back (plus any final coupon). If the worst index is below 70%, repayment is reduced on a 1:1 downside basis to that index’s decline, with up to 100% of principal at risk. The initial estimated value is $930–$980 per $1,000, below the $1,000 public offering price, and the notes are unsecured obligations of BofA Finance, fully and unconditionally guaranteed by Bank of America Corporation.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Auto-Callable Yield Notes linked to the least performing of the Russell 2000 Index and the Technology Select Sector SPDR ETF, maturing on July 18, 2028, with an expected issue date of August 18, 2026.
The notes pay a 10.25% per annum contingent coupon (monthly $8.542 per $1,000) only if on each observation date both underlyings are at or above 70% of their starting values. From the February 16, 2027 call observation date, the notes are automatically called at $1,000 plus coupon if both underlyings are at or above 100% of their starting values.
If not called and either underlying ends below 70% of its starting value, principal is reduced 1:1 with the decline of the least performing underlying, up to a 100% loss of principal; otherwise principal is returned and a final coupon may be paid. The initial estimated value is $900–$950 per $1,000, below the $1,000 public offering price, reflecting internal funding, hedging costs and a $21.75 per-note underwriting discount. The notes are unsecured, subject to the credit risk of BofA Finance and BAC, and will not be listed on any exchange.
BofA Finance LLC is offering Digital Return Notes due December 1, 2027, fully and unconditionally guaranteed by Bank of America Corporation. The Notes are linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 price return indices over an approximate 15‑month term from August 26, 2026 to maturity.
For each $1,000 principal, if the ending level of each index is at least 70% of its starting level, investors receive a fixed Digital Payment of $1,120, a 12% return. If any index finishes below 70% of its starting level, the payoff provides 1:1 downside to the decline of the least performing index, with up to 100% loss of principal and no downside protection.
The Notes pay no periodic interest, are not exchange-listed, and all payments are subject to the unsecured credit risk of BofA Finance as issuer and BAC as guarantor. The public offering price is $1,000 per Note, including an underwriting discount of up to $21.75, with proceeds to BofA Finance as low as $978.25 per $1,000. The initial estimated value on the pricing date is expected between $920 and $970 per $1,000, reflecting BAC’s internal funding rate, fees and hedging costs.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Issuer Callable Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the VanEck Semiconductor ETF, maturing on July 19, 2028.
The Notes pay a 20.00% per annum contingent coupon (1.6667% monthly) when, on an Observation Date, each underlying is at or above 70.00% of its Starting Value, and are callable monthly beginning November 19, 2026 at par plus any due coupon. If held to maturity and any underlying finishes below 60.00% of its Starting Value, principal is exposed 1:1 to the decline of the least performing underlying, with up to 100% loss of principal; otherwise, principal is returned and a final coupon may be paid.
Denominations are $1,000 per Note; public offering price is $1,000, with underwriting discount up to $21.75 and proceeds to BofA Finance as low as $978.25 per $1,000. The initial estimated value is expected between $910 and $960 per $1,000. All payments depend on the credit of BofA Finance and BAC, and the Notes will not be listed on any exchange.
BofA Finance LLC is offering Digital Return Notes due December 3, 2027, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the Nasdaq-100® Index, Russell 2000® Index and S&P 500® Index. The Notes have an approximate 15‑month term, $1,000 minimum denominations, and pay no periodic interest.
At maturity, if the ending level of each index is at least 70% of its Starting Value, holders receive a fixed Digital Payment of $1,137.50 per $1,000 principal (a 13.75% return). If any index falls more than 30% from its Starting Value, the Redemption Amount is reduced 1:1 with the decline of the least performing index, with up to 100% of principal at risk. The initial estimated value is expected between $939 and $989 per $1,000, below the $1,000 public offering price, reflecting BAC’s internal funding rate, underwriting discount of up to $6.75 and hedging-related charges. The Notes are unsecured senior obligations of BofA Finance, guaranteed by BAC, will not be listed on any exchange, and secondary market liquidity is not assured.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering $1,455,000 of Auto-Callable Enhanced Return Notes linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index, maturing on August 1, 2030, unless called earlier.
The Notes pay no interest and may be automatically called from 2027–2029 for $1,115, $1,230 or $1,345 per $1,000. If held to maturity and all indexes finish at or above their Starting Values, investors receive 150% of the gain of the least performing index; if the worst index falls more than 30% from its Starting Value, repayment is reduced 1:1, with up to 100% of principal at risk. The initial estimated value is $950.10 per $1,000 Note, below the public offering price, and all payments are subject to the credit risk of BofA Finance and Bank of America.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $315,000 of Contingent Income (with Memory Feature) Auto-Callable Yield Notes linked to the common stock of Intuit Inc., maturing on August 1, 2029 if not called earlier. The Notes are issued at $1,000 per note, with an underwriting discount of $27.50 and proceeds to BofA Finance of $972.50 per note. The initial estimated value is $960.00 per $1,000, below the public offering price.
The Notes pay monthly contingent coupons using a memory formula of $17.509 per period, only when Intuit’s Observation Value is at least 70.00% of the Starting Value of $303.91 (Coupon Barrier and Threshold Value $212.74). Beginning January 27, 2027, the Notes are automatically callable monthly at par plus the applicable coupon if Intuit’s Observation Value is at least 100.00% of the Starting Value. If not called and Intuit’s Ending Value is below the Threshold, investors are exposed to 1:1 downside and can lose up to 100% of principal. All payments depend on the credit of BofA Finance and BAC, and the Notes will not be listed on any exchange.
BofA Finance LLC is offering Capped Buffered Enhanced Return Notes linked to the S&P 500® Index, fully and unconditionally guaranteed by Bank of America Corporation. The notes are expected to price on July 29, 2026, issue on August 3, 2026, and mature on August 3, 2028.
Each note has a $10.00 public offering price, no underwriting discount, and provides 200.00% upside participation in S&P 500 gains, capped at a Max Return of $12.55 per $10 (a 25.50% maximum gain). A 10% downside buffer applies: if the index falls up to 10%, investors receive principal back; below 90% of the starting level, losses are leveraged at about 1.1111111% of principal for each 1% drop beyond the buffer, with up to 100% of principal at risk.
The notes pay no interest, are unsecured senior debt of BofA Finance, guaranteed by BAC, and will not be listed on any exchange. All payments depend on the credit of BofA Finance and BAC and on the S&P 500 level on the single valuation date of July 31, 2028. The initial estimated value is expected between $9.435 and $9.935 per $10 note, below the public offering price due to internal funding and hedging costs.
Bank of America’s affiliate BofA Finance LLC is offering Capped Buffered Enhanced Return Notes linked to the MSCI EAFE Index, due August 3, 2028, in $10 denominations. These unsecured senior notes provide 200.00% upside participation in index gains, capped at a Max Return of $12.925 per $10, a 29.25% total return limit.
The notes offer a 10% downside buffer: if the index finishes at or above 90% of its Starting Value, investors receive at least their $10 principal. If the Ending Value falls below 90% of the Starting Value, repayment is reduced on a leveraged basis so up to 100% of principal can be lost. The notes pay no interest, are not exchange-listed, and all payments depend on the credit risk of BofA Finance as issuer and Bank of America Corporation as guarantor.
The initial estimated value is expected between $9.409 and $9.909 per $10, reflecting BAC’s internal funding rate, dealer compensation and hedging costs, so secondary-market values may initially be below the $10 public offering price. The underlying MSCI EAFE Index is a free float-adjusted market cap index of 21 developed markets outside the U.S. and Canada.
BofA Finance LLC is offering $1,600,000 of Market Linked Securities, Medium-Term Notes, Series A, fully and unconditionally guaranteed by Bank of America Corporation. These auto-callable, principal-at-risk notes are linked to the lowest performing of Cloudflare, Inc. Class A common stock (NET) and Palo Alto Networks, Inc. common stock (PANW) and mature on August 1, 2029.
The notes pay a quarterly contingent coupon of 35.25% per annum, only if the lowest-performing stock on each calculation day is at or above its Coupon Barrier, set at 70% of its Starting Price. Missed coupons may be recovered later via a “memory” feature if conditions are subsequently met. From January 2027 to April 2029, the notes are subject to an automatic call if the lowest-performing stock is at or above its Starting Price, returning principal plus the applicable coupon and any unpaid coupons.
If not called early, investors receive full principal at maturity only if the lowest-performing stock’s final price is at or above its Threshold Price, also 70% of its Starting Price. If it is below that level, repayment is reduced 1% for every 1% decline from the Starting Price, exposing investors to losses greater than 30% and potentially a total loss of principal. Investors do not participate in any upside of the stocks and receive no dividends, and all payments are subject to the credit risk of BofA Finance and BAC. The initial estimated value is $982.20 per $1,000 note, below the public offering price.
BofA Finance LLC is offering Buffered Enhanced Return Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by Bank of America Corporation, with an approximate 3-year term maturing on August 10, 2029.
Each $1,000 Note pays no interest and is not listed on any exchange. At maturity, if the index Ending Value is above its Starting Value, holders receive 147.00% of the index’s positive return. If the index ends between 80% and 100% of its Starting Value, investors receive only their principal.
If the index falls below 80% of its Starting Value, principal is reduced 1:1 beyond the 20% buffer, with up to 80% of principal at risk. The public offering price is $1,000 per Note, with issuer proceeds of $994 before expenses, and an initial estimated value expected between $930 and $980 per $1,000, reflecting internal funding, hedging costs and fees. All payments are subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes linked to the S&P 500® Index, fully and unconditionally guaranteed by Bank of America Corporation. The notes have an approximate 3-year term, pricing on August 14, 2026 and maturing on August 17, 2029, unless called earlier.
Investors receive a contingent coupon of 8.30% per annum (4.15% semi-annually), paying $41.50 per $1,000 note on each semi-annual Observation Date if the S&P 500 closing level is at or above 70% of its Starting Value. Beginning February 19, 2027, BofA Finance may redeem all notes semi-annually at $1,000 plus any due coupon.
If the notes are not called and the S&P 500 has fallen by more than 30% from its Starting Value at maturity, principal is reduced 1:1 with the index decline, with up to 100% of principal at risk. Payments depend on the credit risk of BofA Finance and BAC. The public offering price is $1,000 per note, while the initial estimated value is expected between $940 and $990, reflecting internal funding and hedging costs.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes due July 19, 2027, in $1,000 denominations, fully and unconditionally guaranteed by Bank of America Corporation. The Notes are linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index.
The Notes pay a contingent coupon of 8.75% per annum (0.7292% monthly) only if, on each monthly Observation Date, every index is at or above 70% of its Starting Value. Beginning November 19, 2026, the issuer may redeem the Notes monthly at par plus any due coupon. If not called and the least performing index ends below 70% of its Starting Value, repayment of principal is reduced 1:1 with the index loss, with up to 100% of principal at risk; otherwise principal is returned, plus any final contingent coupon if the barrier is met.
The initial estimated value is expected to be $920–$970 per $1,000, below the $1,000 public offering price, reflecting BAC’s internal funding rate, underwriting discounts up to $15.50 and referral fees up to $3.00 per $1,000, as well as hedging costs. The Notes are unsecured senior obligations of BofA Finance, guaranteed by BAC, will not be listed on an exchange, and payments depend on the credit of both entities and the performance of the three indices.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes linked to the S&P 500® Index, fully and unconditionally guaranteed by Bank of America Corporation. The notes have an approximately three-year term, pricing on August 14, 2026 and maturing on August 17, 2029, unless called earlier.
Investors receive a 7.00% per annum contingent coupon (3.50% semi-annually, $35 per $1,000) only if, on each observation date, the S&P 500® closing level is at least 70% of the Starting Value. From February 19, 2027 the issuer may redeem the notes semi-annually at par plus any applicable coupon.
If the notes are not called and the S&P 500® has fallen by more than 30% at maturity (Ending Value below the 70% Threshold Value), principal is exposed 1:1 to index declines and up to 100% of principal can be lost. Payments depend on the credit of BofA Finance and BAC, and the notes will not be listed. The public offering price is $1,000 per note, with an initial estimated value between $925 and $975 per $1,000.
BofA Finance LLC is offering Auto-Callable Notes due August 11, 2031, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index. The notes have an approximate 5‑year term and may be automatically called annually starting August 12, 2027 if each index is at or above its Call Value (100% of its Starting Value), paying specified Call Amounts per $1,000.
If not called, and at maturity each index is at or above its Redemption Barrier (100% of Starting Value), investors receive a Redemption Amount of $1,817.50 per $1,000. If the least performing index finishes between 70% and 100% of its Starting Value, principal is returned. If the least performing index is below 70%, principal is reduced 1:1 with the decline, with up to 100% of principal at risk. The notes pay no interest, are unsecured obligations of BofA Finance guaranteed by BAC, will not be listed on an exchange, and their initial estimated value is expected to be $920–$970 per $1,000, below the $1,000 public offering price.
BofA Finance LLC is issuing $500,000 of Contingent Income Auto-Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of IBM and Oracle stock. The notes have an approximate 3-year term from July 29, 2026 to July 27, 2029, are unsecured, and will not be listed on any exchange.
The notes pay a contingent coupon of 27.26% per annum ($22.717 per $1,000 monthly) only if on each observation date both IBM and Oracle are at or above 60% of their respective starting values (IBM $128.51; ORCL $68.99). Starting January 25, 2027 they are automatically called if both are at or above 80% of starting values, returning principal plus the coupon. If not called and the least performing stock ends below its 60% threshold, principal is exposed 1:1 to that decline, with up to 100% loss of principal. The public offering price is $1,000 per note versus an initial estimated value of $951.70, and all payments depend on the credit of BofA Finance and BAC.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering 250,894 market-linked notes tied to the VanEck Semiconductor ETF (SMH) at $10 principal per unit, for total proceeds before expenses of $2,465,033.55.
The notes mature on September 24, 2027, with no interim interest or dividends. If SMH’s ending value on September 17, 2027 is at or above 79.75% of its $580.17 starting value, investors receive $12 per unit (principal plus a fixed 20.00% Step Up Payment). If the ending value is below that threshold, repayment is reduced 1‑for‑1 beyond the 20.25% buffer, with up to 79.75% of principal at risk.
The initial estimated value is $9.394 per unit, below the $10.00 public offering price, reflecting BAC’s internal funding rate, a $0.175 per-unit underwriting discount and a $0.05 hedging-related charge. The notes are senior unsecured obligations subject to the credit risk of BofA Finance and BAC and are not listed, with limited expected secondary market liquidity. Exposure is concentrated in the semiconductor production and equipment sector.
BofA Finance LLC is offering 354,600 Autocallable Strategic Accelerated Redemption Securities linked to Merck & Co., Inc. common stock, at $10 principal per unit (total $3,546,000), fully and unconditionally guaranteed by Bank of America Corporation.
The notes may be automatically called if Merck’s stock is at or above the $130.48 Starting Value on observation dates about one, two and three years after pricing, paying call amounts of $11.975, $13.95 or $15.925 per unit, respectively. If never called and the Ending Value is below the $130.48 Threshold Value, investors have 1‑to‑1 downside exposure and can lose up to all principal. There are no interest payments and no dividends on Merck shares, and all payments depend on the credit of BofA Finance and BAC.
The public offering price exceeds the initial estimated value of $9.762 per unit due to BAC’s internal funding rate, a $0.20 per‑unit underwriting discount and a $0.05 hedging-related charge. The notes are not exchange-listed and a trading market is not expected to develop.
BofA Finance LLC, fully and unconditionally guaranteed by Bank of America Corporation, is offering $1,250,000 of Contingent Income Issuer Callable Yield Notes due July 27, 2028, linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index. The Notes pay a 10.60% p.a. contingent coupon (0.8834% monthly, or $8.834 per $1,000) only if on each Observation Date all three indices are at or above 70% of their Starting Values. From January 28, 2027, the issuer may redeem the Notes monthly at $1,000 plus any due coupon. If held to maturity and any index finishes below 60% of its Starting Value, principal is exposed 1:1 to the decline of the least performing index, with up to 100% loss of principal. The initial estimated value is $985.70 per $1,000, below the public offering price, and the Notes will not be listed, with all payments subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC is issuing $2,500,000 of Contingent Income Buffered Issuer Callable Yield Notes due November 27, 2026, fully and unconditionally guaranteed by Bank of America Corporation. The notes are linked to the least performing of the VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ) and have an approximate four‑month term.
The notes pay a 20.00% per annum contingent coupon (1.6667% per month, or $16.667 per $1,000) on monthly observation dates, but only if each ETF is at or above 85% of its Starting Value (Coupon Barriers of $65.18 for GDX and $85.48 for GDXJ). Beginning October 28, 2026, the issuer may redeem the notes monthly at par plus any due coupon, limiting the total income investors may receive.
If the notes are not called and the least performing ETF has fallen more than 15% at maturity (below its Threshold Value, equal to 85% of its Starting Value), principal is reduced on a leveraged basis at about 1.1764706% loss for each 1% decline beyond 15%, up to a total loss of principal. All payments depend on the credit risk of BofA Finance and BAC. The initial estimated value is $980.40 per $1,000 note, below the public offering price.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering $2,000,000 of auto-callable notes linked to the S&P 500 Futures 40% Volatility Compass TCA 6% Decrement Index ER. The notes price at $1,000 each, have an issue date of July 28, 2026 and mature July 28, 2032, unless called earlier.
The notes are automatically callable quarterly from July 29, 2027 if the index is at or above its Starting Value 1,385.54, paying a fixed Call Amount per $1,000 that steps up from $1,305.00 to $2,753.75. If not called, and at maturity the index is at or above the Redemption Barrier (100% of Starting Value), investors receive a fixed $2,830.00 per $1,000. If the Ending Value is between 50% and 100% of the Starting Value, principal is returned. Below 50%, losses are 1:1 with the index decline, with up to 100% of principal at risk.
The notes pay no interest, are unsecured obligations of BofA Finance with a BAC guarantee, and will not be listed. The complex underlying uses leveraged E‑Mini S&P 500 futures, a 40% target volatility mechanism, and embedded 6.00% per annum decrement and transaction costs, all of which tend to reduce index performance. The initial estimated value is $962.10 per $1,000, below the public offering price, reflecting internal funding rates, hedging costs, underwriting discount and referral fees.