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 offering $1,804,000 of Auto-Callable Enhanced Return Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by Bank of America Corporation. The notes are issued in $1,000 denominations, priced on July 20, 2026, and scheduled to mature on July 24, 2031, unless automatically called.
The notes pay no interest and are not listed on any exchange. After one year, they are automatically called at $1,205 per $1,000 if the index is at or above 105% of the Starting Value 595.63. If held to maturity and not called, investors receive 225% of any gain if the Ending Value is at or above the Starting Value; principal is returned if the Ending Value is between 70% and 100% of the Starting Value, and losses match index declines below 70%, with up to 100% of principal at risk. All payments depend on the credit risk of BofA Finance and BAC. The initial estimated value is $972.70 per $1,000 note, below the public offering price, reflecting internal funding and hedging costs.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income (with Memory Feature) Auto-Callable Yield Notes linked to the common stock of Intuit Inc. (INTU), maturing on August 1, 2029, with a term of approximately three years if not called earlier.
Each Note has a $1,000.00 denomination and pays a monthly contingent coupon only if INTU’s observation value on the relevant date is at least 70.00% of its Starting Value. The coupon amount per period is determined using $17.509 per $1,000.00 and a memory formula that can make up some previously missed coupons when conditions are later met. Beginning with the January 27, 2027 call observation date, the Notes are auto-callable monthly at 100.00% of the Starting Value, paying back principal plus the applicable contingent coupon.
If the Notes are not called and INTU’s ending value on the valuation date is below 70.00% of the Starting Value, investors are exposed to 1:1 downside to the stock’s decline, with up to 100% loss of principal; otherwise, principal is returned and a final coupon is paid if the 70% barrier is met. The initial estimated value is expected to be between $912.90 and $962.90 per $1,000.00, below the public offering price of $1,000.00, reflecting internal funding 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 offering Performance Leveraged Upside Securities (PLUS), senior unsecured notes linked to the S&P 500® Index, fully and unconditionally guaranteed by Bank of America Corporation. Each PLUS has a $1,000 stated principal amount, pricing on July 22, 2026 and maturing on July 18, 2028.
At maturity, if the S&P 500 final index value is above the initial index value, investors receive $1,000 plus 200.00% of the index percent increase, capped at a maximum payment of at least $1,270.50 per PLUS. If the final index value is less than or equal to the initial index value, investors receive $1,000 multiplied by the index performance factor, producing a 1:1 loss with no downside protection and no minimum payment at maturity, so the entire principal can be lost.
The PLUS pay no coupon and will not be listed on any exchange. The initial estimated value on the pricing date is expected to be between $930.00 and $980.00 per $1,000, reflecting BAC’s internal funding rate, selling commissions and hedging-related costs. All payments are subject to the credit risk of BofA Finance as issuer and BAC as guarantor.
BofA Finance LLC is offering Contingent Income Auto-Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of three ETFs: XLE, XLU and SMH. Each note has a $1,000 denomination and an expected term of about three years, unless called earlier.
The notes pay a contingent coupon of 16.50% per annum (1.375% monthly, or $13.75 per $1,000) on monthly Observation Dates only if each underlying is at or above its Coupon Barrier of 70.00% of its Starting Value. Beginning January 28, 2027, the notes are automatically called if each underlying is at or above 100.00% of its Starting Value, returning principal plus that month’s coupon.
If the notes are not called and the least performing underlying finishes below its Threshold Value of 50.00% of its Starting Value, principal is exposed 1:1 to the decline, up to a 100% loss. The initial estimated value is $837.90–$937.90 per $1,000, below the $1,000 public offering price. All payments are subject to the credit risk of BofA Finance and BAC, and the notes will not be listed on any securities exchange.
BofA Finance LLC is offering Contingent Income (with Memory Feature) Auto-Callable Yield Notes linked to the common stock of Applied Materials, Inc. (AMAT), fully and unconditionally guaranteed by Bank of America Corporation. Each note has a $1,000 denomination and an approximately three-year term, maturing on August 1, 2029, unless automatically called earlier.
Investors may receive monthly contingent coupon payments of $25.217 per $1,000 when the Observation Value of AMAT is at least 70% of its Starting Value; missed coupons can be partially recouped through a memory feature. Starting January 27, 2027, the notes are automatically callable monthly at par plus the applicable coupon if AMAT is at least 100% of its Starting Value on a Call Observation Date.
If the notes are not called and AMAT’s Ending Value is below 70% of the Starting Value, principal is reduced 1:1 with the stock’s decline, up to a 100% loss. The notes are unsecured senior obligations of BofA Finance, guaranteed by BAC, are not listed on any exchange, and have an initial estimated value between $887.10 and $957.10 per $1,000, below the public offering price.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes due July 5, 2028, fully and unconditionally guaranteed by Bank of America Corporation. The notes are linked to the least performing of the EURO STOXX 50 Index, Nasdaq-100 Index and Russell 2000 Index and are issued in $1,000 denominations at a public offering price of $1,000.
Investors may receive a contingent coupon of 11.00% per annum (0.9167% monthly, or $9.167 per $1,000) on each monthly Observation Date when every index closes at or above its Coupon Barrier of 70% of its Starting Value. Beginning November 3, 2026, the issuer may redeem all notes monthly at $1,000 plus any due coupon. If the notes are not called, and the Ending Value of the least performing index is at or above its Threshold Value of 70% of its Starting Value, investors receive principal back plus any final contingent coupon.
If at maturity the least performing index is below its Threshold Value, repayment is reduced 1:1 with the index decline, with up to 100% of principal at risk. The initial estimated value is expected between $910 and $960 per $1,000, below the public price, reflecting internal funding, fees and hedging costs. The notes are unsecured senior debt of BofA Finance, guaranteed by BAC, are not exchange-listed, and all payments depend on the issuer’s and guarantor’s credit.
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 three ETFs: KraneShares CSI China Internet ETF (KWEB), SPDR S&P Regional Banking ETF (KRE) and Utilities Select Sector SPDR ETF (XLU). The notes have an approximately 3‑year term, expected to mature on July 27, 2029, with a $1,000 minimum denomination.
Investors may receive a 12.30% per annum contingent coupon (1.025% monthly, $10.25 per $1,000) only if, on each monthly Observation Date, the price of each ETF is at or above its Coupon Barrier of 60% of its Starting Value. Starting January 28, 2027, the issuer may redeem the notes monthly at par plus any due coupon, ending further payments.
If the notes are not called and, at maturity, the Least Performing Underlying is below its Threshold Value of 50% of its Starting Value, principal is reduced 1:1 with that decline, up to a 100% loss of principal. All payments depend on the credit risk of BofA Finance and BAC. The public offering price is $1,000 per note, with an initial estimated value between $920 and $980 per $1,000, reflecting internal funding, underwriting discounts and fees.
BofA Finance LLC is issuing $64,381,230 of Trigger Callable Contingent 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. Each Note has a $10 Stated Principal Amount and offers a contingent quarterly coupon of 13.00% per annum (3.25% per quarter), paid only if on every trading day in the quarter each index stays at or above its Coupon Barrier set at 70% of its Initial Value. Beginning October 2026, on any Coupon Payment Date before maturity, the issuer may call the Notes at par plus any due coupon. If not called, at maturity in January 2030 investors receive par plus any final coupon if the Least Performing Underlying is at or above its Downside Threshold (60% of Initial Value); otherwise the payoff is $10 × (1 + Underlying Return of the Least Performing Underlying), allowing up to a 100% loss of principal. The Notes do not pay dividends, have no listing, may have limited liquidity, and all payments are subject to the credit risk of BofA Finance and BAC. The initial estimated value is $9.882 per $10 Note, below the public offering price.
BofA Finance LLC is offering 2,510,546 Autocallable Strategic Accelerated Redemption Securities linked to the S&P 500 Index, at $10 principal per unit, fully and unconditionally guaranteed by Bank of America Corporation. The aggregate public offering price is $25,105,460, with an underwriting discount of $0.20 per unit and a hedging-related charge of $0.05 per unit.
The notes may be automatically called on any of six annual Observation Dates if the S&P 500 closing level is at or above the Starting Value of 7,533.77. If called, investors receive a fixed Call Amount per unit ranging from $10.897 on the first Observation Date to $15.382 on the final Observation Date, inclusive of Call Premiums from 8.97% to 53.82%. If the notes are not called and the Ending Value is below the Starting/Threshold Value, investors have 1‑to‑1 downside exposure and can lose up to 100% of principal.
The notes pay no periodic interest and provide no dividends from index constituents. All payments are subject to the credit risk of BofA Finance and BAC. The initial estimated value is $9.691 per unit, below the $10 public price, reflecting BAC’s internal funding rate, fees, and hedging costs. The notes are not listed, and a trading market is not expected to develop.
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 and maturing on August 2, 2029.
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 every index is at or above 75.00% of its Starting Value. Beginning February 4, 2027, the issuer may redeem the Notes monthly at $1,000 plus any due coupon. If held to maturity and the least performing index is below 60.00% of its Starting Value, investors are exposed 1:1 to that decline and can lose up to 100% of principal; otherwise, principal is repaid and a final coupon may be paid. The Notes are unsecured, not exchange-listed, and all payments depend on the credit of BofA Finance and BAC.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $507,000 of Contingent Income (with Memory Feature) Issuer Callable Yield Notes linked to the least performing of the Nasdaq‑100, Russell 2000 and S&P 500, maturing around July 19, 2029.
The Notes pay monthly contingent coupons of $8.792 per $1,000 per period, but only if on each Observation Date all three indices are at or above 70% of their Starting Values; missed coupons can be “made up” later via the memory feature. Beginning January 22, 2027, BofA Finance may redeem the Notes monthly at $1,000 plus any due coupon.
If not called, and any index finishes below its 70% Threshold Value, principal is reduced 1:1 with the decline of the least performing index, up to a 100% loss of principal; otherwise, investors receive par plus any final coupon. The initial estimated value is $984.20 per $1,000, below the public offering price, and all payments depend on the unsecured credit of BofA Finance and BAC. The Notes are not listed on any exchange.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Autocallable Strategic Accelerated Redemption Securities linked to the EURO STOXX 50 Index. The offering covers 645,456 units at $10 principal per unit, for a public offering price of $6,454,560.00.
The notes are automatically callable on five Observation Dates if the Index is at or above the Starting Value of 6,283.61, paying fixed Call Amounts per unit from $11.015 on the first date up to $15.075 on the final date. If never called and the Index ending level is at or above the Threshold Value of 5,341.07, investors receive only principal back; below that level, losses match Index declines beyond a 15% drop, with up to 85% of principal at risk.
The notes pay no periodic interest, do not provide dividends, and are subject to the credit risk of BofA Finance and BAC. The initial estimated value is $9.665 per unit, below the $10 public price, reflecting BAC’s internal funding rate, a $0.20 underwriting discount and a $0.05 hedging-related charge per unit. The notes are not listed, and secondary market liquidity is expected to be limited.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering $9,174,000 of Contingent Income Issuer Callable Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on July 20, 2029. The notes pay a 9.10% per annum contingent coupon (4.55% semi-annually, $45.50 per $1,000) only if on each observation date all three indices are at or above 60% of their Starting Value. Beginning January 22, 2027, the issuer may redeem the notes semi-annually at $1,000 plus any due contingent coupon. If not called and the least performing index ends at or above its Threshold Value (also 60% of Starting Value), investors receive principal plus the final contingent coupon; otherwise principal is reduced 1:1 with the decline of the least performing index, with up to 100% loss of principal. The initial estimated value is $974.70 per $1,000, below the public offering price, and all payments are subject to the credit risk of BofA Finance and BAC; the notes will not be listed on any exchange.
BofA Finance LLC is issuing $1,220,000 of Medium-Term Notes, Series A, structured as principal-at-risk, market-linked securities fully and unconditionally guaranteed by Bank of America Corporation. The notes are linked to the lowest performing of Apple, Lockheed Martin, and Eli Lilly common stocks.
Investors may receive a 19.00% per annum contingent coupon (about 1.5834% monthly) only when, on each monthly Calculation Day, the lowest-performing stock is at or above its Coupon Barrier set at 70% of its Starting Price. From January 2027 to June 2029, the notes are auto-callable at par plus coupon if the lowest-performing stock is at or above its Starting Price.
If not called, at maturity in July 2029 investors receive par per note only if the lowest-performing stock is at or above its Threshold Price, set at 60% of its Starting Price. Otherwise, repayment is reduced in proportion to the stock’s decline, leading to losses of more than 40% and up to 100% of principal. The initial estimated value is $983.70 per $1,000 note, below the public offering price, and the notes are unsecured, unsubordinated obligations subject to the credit risk of BofA Finance and BAC, with no listing on any exchange.
BofA Finance LLC is offering Contingent Income Auto-Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the Russell 2000 Index and the State Street Technology Select Sector SPDR ETF. The notes have an approximate 23‑month term, pricing on July 28, 2026 and maturing on July 3, 2028, in $1,000 denominations.
Investors may receive a 12.25% per annum contingent coupon (1.0209% monthly, $10.209 per $1,000) on each Observation Date if both underlyings are at or above 70% of their Starting Value100% of their Starting Value, returning principal plus that month’s coupon.
If not called, and the least performing underlying finishes below its 70% Threshold Value, principal is reduced 1:1 with the decline, with up to 100% loss of principal possible. The notes are unsecured obligations subject to the credit risk of BofA Finance and BAC, will not be listed on any exchange, and have an initial estimated value between $920 and $970 per $1,000, below the $1,000 public offering price.
BofA Finance LLC is issuing $1,601,000 of Buffered Auto-Callable Notes linked to the least performing of Autodesk, Broadcom and Boeing common stocks, fully and unconditionally guaranteed by Bank of America Corporation. The Notes price on July 17, 2026, issue on July 22, 2026 and mature on July 20, 2029, unless automatically called.
The Notes pay no interest and are subject to monthly automatic call starting October 19, 2026, at increasing Call Amounts from $1,090 up to $2,080 per $1,000 if a Redemption Event has occurred for each stock. If not called and the least performing stock is at or above 60% of its Starting Value, investors receive principal back at maturity. If it is below 60%, repayment is reduced on a 1.6666667% loss for each 1% decline below the Threshold Value, down to a total loss of principal.
The initial estimated value is $980.30 per $1,000 note, below the public offering price, reflecting internal funding and hedging costs. The Notes are unsecured senior obligations of BofA Finance, guaranteed by BAC, not listed on any exchange, and any payments depend on the credit risk of both entities.
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 (XLK), in $1,000 denominations and an approximate 23‑month term.
The Notes pay a 10.25% per annum contingent coupon (0.8542% monthly) only if on each observation date both underlyings are at or above 70% of their Starting Value. From January 28, 2027, the Notes auto‑call monthly at par plus coupon if both underlyings are at or above 100% of their Starting Value. If not called and either underlying ends below its 70% Threshold Value, principal is exposed 1:1 to the decline of the least-performing underlying, with up to 100% loss of principal.
The public offering price is $1,000 per Note, with an underwriting discount up to $21.75 (issuer proceeds as low as $978.25). The initial estimated value is expected between $900 and $950 per $1,000, 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, fully guaranteed by Bank of America Corporation, is issuing $2,516,000 of Contingent Income Issuer Callable Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. The notes pay a 10.90% per annum contingent coupon (2.725% quarterly, or $27.25 per $1,000) only if, on each observation date, all three indexes close at or above 75% of their starting levels.
The notes mature on January 22, 2030 and are callable quarterly at par plus any due coupon beginning July 21, 2027. If held to maturity and the least performing index is below 60% of its starting level, repayment is reduced 1:1 with index loss, up to a 100% loss of principal; otherwise, principal is returned. The initial estimated value is $983.80 per $1,000, reflecting issuer funding and hedging costs. The notes are unsecured senior obligations, guaranteed by BAC, and will not be listed on an exchange.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes linked to the least performing of the Dow Jones Industrial Average, the S&P 500 Index and the iShares MSCI Emerging Markets ETF, fully and unconditionally guaranteed by Bank of America Corporation. Each Note has a $1,000 denomination, an approximate 3.5‑year term to January 25, 2030, and will not be listed on any exchange.
The Notes pay a contingent coupon of 17.45% per annum (4.3625% per quarter, or $43.625 per $1,000) only if, on each trading day in the relevant quarter, every underlying stays at or above its Coupon Barrier set at 70% of its Starting Value. The issuer may call the Notes quarterly starting October 23, 2026 at $1,000 plus any due coupon, ending all future payments.
If not called, principal repayment at maturity depends on the Least Performing Underlying. If its Ending Value is at or above its Threshold Value (60% of Starting Value), investors receive $1,000 (plus any final coupon). If it is below the Threshold Value, repayment is reduced 1:1 with the decline, with up to 100% of principal at risk. Initial estimated value is expected between $911.50 and $961.50 per $1,000, below the public offering price of $1,000. All payments are subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC, guaranteed by Bank of America Corporation, is offering senior unsecured, S&P 500®-linked notes maturing on September 20, 2028. Each note has a $1,000 face amount, part of an initial aggregate offering of $25,228,000, and pays no interest.
The payoff depends on the S&P 500® Index level on the September 18, 2028 determination date versus the initial level 7,533.77. If the final level is at or above 85.00% of the initial level (the Threshold Level), investors receive a fixed Threshold Settlement Amount of $1,196.50 per $1,000, capping upside at 19.65%. If the index falls more than 15.00%, repayment is reduced on a leveraged basis at a Buffer Rate of approximately 117.647%, and investors can lose some or all principal.
The notes are not listed, have no redemption features, and are subject to the credit risk of both BofA Finance and BAC. The initial estimated value is $994.90 per $1,000, below the 100% public offering price due to internal funding rates and hedging-related charges, and secondary market prices may be lower.
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 Russell 2000 Index, S&P 500 Index and State Street Technology Select Sector SPDR ETF. The notes have an approximate 2‑year term, pricing on July 24, 2026 and maturing on July 27, 2028, unless called early.
Investors may receive a contingent coupon of 12.40% per annum (1.0334% per month), paying $10.334 per $1,000 face amount in any month when each underlying is at or above 70% of its starting value. Beginning July 29, 2027, the issuer may redeem the notes monthly at par plus any due coupon. If held to maturity and any underlying has fallen more than 30% (ending value below its 70% threshold), principal is reduced 1:1 with the decline of the least performing underlying, up to a total loss of principal; otherwise, principal is returned, plus a final coupon if the barriers are met.
The notes are unsecured senior obligations of BofA Finance, guaranteed by BAC, not listed on any exchange, and their initial estimated value is expected to be $940–$990 per $1,000, below the $1,000 public offering price due to internal funding, fees and hedging costs.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering $1,516,000 of Contingent Income Issuer Callable Yield Notes due July 20, 2029, linked to the least performing of the Nasdaq-100® Index, Russell 2000® Index and S&P 500® Index.
The Notes pay a 12.75% per annum contingent coupon (1.0625% monthly) of $10.625 per $1,000 only if, on each Observation Date, all three indices are at or above 70.00% of their Starting Values. Beginning October 22, 2026, the issuer may redeem the Notes monthly at $1,000 plus any due coupon.
If not called, and the least performing index is below its 70.00% Threshold Value at maturity, principal is exposed 1:1 to that decline, with up to 100% loss of principal; otherwise, investors receive par and any final coupon. The initial estimated value is $993.40 per $1,000, below the public offering price, and all payments are subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC is offering Market-Linked Step Up Notes, fully and unconditionally guaranteed by Bank of America Corporation, with a maturity of approximately 2 years and a principal amount of $10 per unit. The notes are senior unsecured obligations and are not insured by the FDIC or secured by collateral, so all payments depend on the credit of BofA Finance and BAC.
The notes are linked to an international equity index basket composed of the EURO STOXX 50 Index (40%), FTSE 100 (20%), Nikkei 225 (20%), Swiss Market Index (7.5%), S&P/ASX 200 (7.5%), and FTSE China 50 (5%). If the Basket Ending Value is at or above the Starting Value but at or below the Step Up Value, investors receive a fixed Step Up Payment of 22.00%–25.00% of principal. If the Basket exceeds the Step Up Value, the payoff increases 1-for-1 with the Basket’s percentage gain.
If the Ending Value is below the Starting Value, investors are exposed 1-to-1 to the decline and can lose up to 100% of principal. The notes pay no periodic interest or dividends, have limited expected secondary market liquidity, and the initial estimated value is $9.30–$9.80 per unit, below the $10 public offering price due to BAC’s internal funding rate, underwriting discount, 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 Nasdaq-100, Russell 2000 and S&P 500 Indexes, maturing on August 2, 2029.
The Notes pay a 9.50% per annum contingent coupon (0.7917% monthly, or $7.917 per $1,000) only if on each monthly Observation Date all three indexes are at or above 70% of their Starting Values. Beginning August 4, 2027, the issuer may call the Notes monthly at $1,000 per Note plus any due coupon, ending all future payments.
If the Notes are not called and the least performing index ends below its 70% Threshold Value, investors are exposed 1:1 to the decline and can lose up to 100% of principal; otherwise they receive full principal back plus a final contingent coupon if the barrier is met. The initial estimated value is $910–$960 per $1,000, below the $1,000 public offering price, reflecting internal funding rate, underwriting discount and hedging costs. All payments are subject to the credit risk 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 $13,110,000 of Auto-Callable Notes linked to the least performing of the Russell 2000 Index and the S&P 500 Index, maturing July 22, 2030 unless called earlier. The notes are issued at $1,000 per note, with an initial estimated value of $967.70, pay no coupons, and are not exchange-listed.
Starting values are 2,962.217 for RTY and 7,457.69 for SPX. The notes are automatically called on annual call dates from July 22, 2027 if both indices are at or above their call values (100% of starting values), paying call amounts of $1,115, $1,230, or $1,345 per $1,000 principal, depending on the year. If not called, and at maturity both indices are at or above 100% of their starting values, investors receive a fixed $1,460 per $1,000.
If not called and the least performing index is between 70% and 100% of its starting value, principal is returned. If the least performing index is below 70% of its starting value, investors are exposed 1:1 to that decline, with up to 100% loss of principal. All payments are subject to the credit risk of BofA Finance and BAC and to significant market, liquidity, structural, and tax risks described in detail.
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 July 30, 2026, issue on August 4, 2026 and mature on August 2, 2029, for an approximate 3‑year term if not called.
The Notes pay a contingent coupon of 11.00% per annum (0.9167% monthly), only when on an Observation Date each index is at or above its Coupon Barrier of 70% of its Starting Value. Beginning August 4, 2027, the issuer may redeem the Notes monthly at par plus any due coupon. If held to maturity and any index has fallen more than 30% (Ending Value below its Threshold Value of 70% of Starting Value), repayment of principal is reduced 1:1 with the decline of the least performing index, with up to 100% of principal at risk; otherwise, investors receive par plus any final coupon. The initial estimated value is expected to be $930–$980 per $1,000, below the public offering price, and all payments are subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC is offering $18,916,000 of Contingent Income Issuer Callable Yield Notes due July 20, 2029, 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 indices.
The notes pay a 10.40% per annum contingent coupon (5.20% semi-annually, $52 per $1,000) only if on each Observation Date all three indices are at or above 60% of their Starting Values. Beginning January 22, 2027, BofA Finance may redeem the notes semi-annually at par plus any due coupon.
If the notes are not called and any index ends below its 60% Threshold Value, principal 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 $986.30 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 is offering Contingent Income Issuer Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the VanEck Semiconductor ETF. Each Note has a denomination of $1,000, an expected issue date of August 4, 2026 and a scheduled maturity on July 6, 2028, unless called earlier.
The Notes pay a contingent coupon of 20.00% per annum (1.6667% per month, or $16.667 per $1,000) for any month in which the Observation Value of each underlying is at least 70.00% of its Starting Value. Beginning November 4, 2026, the issuer may redeem the Notes monthly at $1,000 plus any due coupon. If held to maturity and the least performing underlying finishes at or above 60.00% of its Starting Value, investors receive principal plus any final coupon; otherwise, repayment is reduced 1:1 with the decline of the least performing underlying, with up to 100% of principal at risk. The initial estimated value is expected between $910.00 and $960.00 per $1,000, below the public offering price of $1,000, and all payments are subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering $8,400,000 of Buffered Digital Return 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 price at $1,000 each, with an initial estimated value of $992.80, and provide a 15‑month exposure.
At maturity on October 21, 2027, investors receive a fixed $1,160.50 per $1,000 principal (a 16.05% return) if the ending level of each index is at least 80% of its starting level. If any index falls more than 20%, the payoff switches to a buffered downside: investors lose 1.25% of principal for every 1% the least performing index finishes below its 80% threshold, up to a total loss of principal.
The notes pay no interest, are unsecured senior debt of BofA Finance guaranteed by BAC, and will not be listed on an exchange. The underwriting discount is up to $3 per $1,000, for gross proceeds to BofA Finance of about $8.37 million, and the economic terms reflect BAC’s internal funding rate and hedging costs. Credit risk of both BofA Finance and BAC, market risk in all three indices, structural caps on upside, and potentially limited secondary market liquidity are emphasized in the risk disclosures.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering $500,000 of Auto-Callable Notes linked to the least performing of the Nasdaq-100 Index, the Russell 2000 Index and the iShares MSCI Emerging Markets ETF, due July 21, 2031. The Notes priced on July 16, 2026, in minimum denominations of $1,000.
The public offering price is $1,000 per Note, with proceeds to BofA Finance of $957.50 per $1,000 before expenses; the initial estimated value is $939.60 per $1,000. The Notes pay no interest and are not listed on any exchange.
Beginning July 19, 2027, the Notes are automatically callable monthly if each underlying is at or above its Call Value; the applicable Call Amount (e.g., $1,139.008 on the first call date, rising to $1,683.456 near maturity) is then paid and no further amounts are due. If not called, and at maturity each underlying’s Ending Value is at least its Starting Value, investors receive $1,695.04 per $1,000. If any underlying falls more than 30% below its Starting Value, principal is exposed to 1:1 downside to the least performing underlying, with up to 100% loss of principal possible; between 70% and 100% of Starting Value, only principal is returned. All payments are subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC, fully and unconditionally guaranteed by Bank of America Corporation, is offering $500,000 of Auto-Callable Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 Index and the iShares MSCI Emerging Markets ETF. The Notes are issued in $1,000 denominations, price at $1,000 per Note, and are scheduled to mature on July 21, 2031 unless automatically called earlier.
The Notes pay no interest and any payment depends on the Underlyings and issuer/guarantor credit. Beginning with the July 19, 2027 Call Observation Date, the Notes are automatically callable monthly if each Underlying is at or above its Call Value, with call amounts rising from $1,129 to $1,634.25 per $1,000. If not called, and at maturity each Underlying is at or above its Starting Value, holders receive $1,645 per $1,000. If the least performing Underlying is below its 70% Threshold Value, principal is reduced 1:1 with the decline, up to a total loss. The initial estimated value is $938.50 per $1,000, below the public offering price, reflecting internal funding and fees; underwriting discounts are up to $42.50 per $1,000 with net proceeds of $481,875.
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 Russell 2000 Index and the Technology Select Sector SPDR ETF, maturing on July 6, 2028, with an approximate 23‑month term.
The notes pay a 13.15% per annum contingent coupon (1.0959% monthly) of $10.959 per $1,000 when on each observation date both underlyings are at or above 70% of their starting values. Beginning November 4, 2026, the issuer may redeem the notes monthly at par plus any due coupon. If not called and the least performing underlying finishes below its 70% threshold, principal is reduced 1:1 with the decline, up to a total loss. The initial estimated value is $920–$970 per $1,000, below the public offering price, and the notes will not be listed on any exchange; all payments depend on the credit of BofA Finance and BAC.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $1,443,000 of Auto-Callable Notes linked to the iShares Silver Trust (SLV), maturing on July 19, 2029.
The notes have no coupons and may be automatically called on annual observation dates starting July 16, 2027 if SLV’s observation value is at least the call value of $50.39, paying call amounts of $1,305 or $1,610 per $1,000 note, as scheduled. If not called and SLV’s ending value on the valuation date is at least the Redemption Barrier of $50.39, investors receive a fixed $1,915 per $1,000 note; otherwise, they are exposed 1:1 to downside and can lose up to their entire principal.
The public offering price is $1,000 per note, with an initial estimated value of $970.10. Payments depend on the performance of SLV and on the credit risk of BofA Finance and BAC. The notes are unsecured, unsubordinated, pay no interest, and will not be listed on any exchange.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $3,000,000 of Contingent Income Issuer Callable Yield Notes linked to the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index. The notes price at $1,000 each with an initial estimated value of $989.60.
The notes pay a contingent coupon of 9.75% per year (0.8125% per month, $8.125 per $1,000) only if on an Observation Date each index is at or above its 70% Coupon Barrier/Threshold Value (INDU 36,787.08; RTY 2,082.197; SPX 5,273.64). Beginning April 21, 2027, the issuer may redeem the notes monthly at par plus any due coupon.
If not called, at maturity on July 19, 2029 investors receive par only if the least performing index is at or above its Threshold Value; otherwise principal is reduced 1:1 with the decline in that index, with up to 100% loss of principal. The notes are unsecured, not listed, and all payments depend on the credit of BofA Finance and BAC.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, offers Contingent Income Issuer Callable Yield Notes linked to the least performing of the Dow Jones Industrial Average, Russell 2000 Index and VanEck Semiconductor ETF, maturing on July 6, 2028.
The Notes pay a 23.00% per annum contingent coupon (1.9167% per month) when on an Observation Date each underlying is at least 70.00% of its Starting Value; otherwise no coupon is paid. Beginning November 4, 2026, the issuer may redeem monthly at $1,000 plus any due coupon.
If not called, investors receive par at maturity only if the least performing underlying is at least 60.00% of its Starting Value; otherwise principal is reduced 1:1 with that decline, with up to 100% loss possible. The initial estimated value is $920–$970 per $1,000, below the $1,000 public offering price, and the Notes are unsecured, unlisted obligations subject to BofA Finance and BAC credit risk.
BofA Finance LLC is offering market-linked senior debt securities, fully and unconditionally guaranteed by Bank of America Corporation, linked to the worst-performing of Cloudflare Class A common stock and Palo Alto Networks common stock. Each Security has a $1,000 denomination and a public offering price of $1,000.00, with underwriting discount of $23.25 and proceeds to the issuer of $976.75 per Security. The notes pay a quarterly contingent coupon at a rate set on the pricing date, at least 35.25% per annum, only if the lowest-performing stock on the relevant Calculation Day is at or above 70% of its Starting Price (the Coupon Barrier). From January 2027 to April 2029, if the lowest-performing stock is at or above its Starting Price on a Calculation Day, the notes are automatically called for principal plus the applicable coupon and any unpaid coupons. If not called, at maturity on August 1, 2029 investors receive full principal only if the lowest-performing stock is at or above its Threshold Price, also 70% of its Starting Price; otherwise, repayment is $1,000 × Performance Factor, producing losses greater than 30% and potentially a total loss. The initial estimated value is expected between $916.75 and $966.75 per Security, below the public offering price. The Securities are unsecured, subject to BofA Finance and BAC credit risk, will not be listed on any exchange, and involve complex, principal-at-risk terms.
BofA Finance LLC plans to issue Contingent Income Issuer Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the EURO STOXX 50 Index, Nasdaq‑100 Index and Russell 2000 Index. The notes are expected to price on July 29, 2026, issue on August 3, 2026 and mature on July 5, 2028, an approximate 23‑month term unless called early.
Investors may receive a monthly contingent coupon of 13.00% per annum (1.0834% per month, $10.834 per $1,000) only if, on each Observation Date, the closing level of each index is at or above 70.00% of its Starting Value, which is both the Coupon Barrier and Threshold Value. Starting November 3, 2026, the issuer may redeem the notes monthly at par plus any due coupon, halting future payments. If the notes are not called and any index ends below its Threshold Value on the Valuation Date, repayment of principal is reduced 1:1 with the decline in the Least Performing Underlying, with up to 100% principal loss; if all are at or above their Threshold Values, principal is repaid and a final contingent coupon may be paid.
The initial estimated value is expected to be $920.00–$970.00 per $1,000, below the public offering price of $1,000, reflecting BAC’s internal funding rate, underwriting discount of up to $6.75 and up to $3.00 referral fee. The notes are unsecured senior obligations of BofA Finance, guaranteed by BAC, will not be listed on any exchange, and payments depend on issuer and guarantor credit as well as index performance.
BofA Finance LLC is issuing $2,267,000 of Contingent Income Issuer Callable Yield Notes, 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 price at $1,000 per note, have an approximate three-year term, and are scheduled to mature on July 19, 2029, unless called earlier.
Investors may receive a contingent coupon of 11.20% per annum (0.9334% monthly), paying $9.334 per $1,000 on each monthly observation date if every index is at or above 65% of its Starting Value. Beginning January 22, 2027, the issuer can redeem the notes monthly at par plus any due coupon.
If the notes are not called and the least performing index ends below its 60% Threshold Value, principal is exposed 1:1 to that decline, up to a 100% loss of principal; otherwise, investors receive par (and potentially the final coupon). The initial estimated value is $987.40 per $1,000, below the public offering price, reflecting internal funding and hedging costs. All payments depend on the credit of BofA Finance and Bank of America Corporation, and the notes will not be listed on an 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 Russell 2000 Index and the Technology Select Sector SPDR ETF. The notes have an approximate 23‑month term, pricing on July 30, 2026 and maturing on July 6, 2028, if not called earlier.
Investors receive a contingent coupon of 11.25% per annum (0.9375% monthly) only when, on an observation date, both underlyings are at or above 70% of their Starting Value. Beginning November 4, 2026, the issuer may redeem the notes monthly at par plus any due coupon. If the notes are not called and the least performing underlying finishes below its 70% Threshold Value, principal is exposed to 1:1 downside with up to 100% loss; otherwise, principal is returned and a final coupon may be paid if the barrier is met.
The notes are unsecured obligations of BofA Finance, guaranteed by BAC, and will not be listed on any exchange. Per-note public offering price is $1,000.00, with an underwriting discount up to $21.75 and referral fees up to $3.00. The initial estimated value is expected between $910.00 and $960.00 per $1,000, reflecting BAC’s internal funding rate, hedging costs and selling concessions.
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, with an expected term to August 2, 2029 unless called earlier.
The Notes pay a contingent coupon of 9.50% per annum (0.7917% per month, $7.917 per $1,000) only if on each monthly Observation Date all three indices are at or above 75.00% of their Starting Values. Beginning February 4, 2027, the issuer may redeem the Notes monthly at par plus any due coupon. If held to maturity and any index finishes below 60.00% of its Starting Value, repayment is reduced 1:1 with the decline of the least performing index, exposing up to 100% of principal to loss. The public offering price is $1,000.00 per Note, with an underwriting discount up to $28.00 and issuer proceeds as low as $972.00 per $1,000.00. The initial estimated value is expected to range between $910.00 and $960.00 per $1,000.00. Payments depend on the credit of BofA Finance and BAC, and the Notes will not be listed on any securities exchange.
BofA Finance LLC is issuing $2,261,000 of Contingent Income Issuer Callable Yield Notes, 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 SPDR S&P Regional Banking ETF. The notes have an approximate 3‑year term, pricing on July 16, 2026 and maturing July 19, 2029, unless called early starting January 22, 2027 at par plus any due contingent coupon.
The notes pay a contingent coupon of 12.00% per year (1.00% per month, $10 per $1,000) only if, on an observation date, each underlying is at or above its coupon barrier set at 70% of its starting value50% threshold value, repayment is reduced 1:1 with that decline and investors can lose up to 100% of principal. The initial estimated value is $983.60 per $1,000, below the $1,000 public offering price, reflecting BAC’s internal funding rate, underwriting discounts 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, fully guaranteed by Bank of America Corporation, is offering $311,000 of Auto-Callable Enhanced Return Notes linked to the common stock of Qualcomm Incorporated. The Notes are issued in $1,000 denominations, priced at $1,000 with an initial estimated value of $979 per $1,000, and provide no periodic interest payments.
The Notes have an approximate 3-year term to July 19, 2029, and may be automatically called on July 21, 2027 for $1,625 per $1,000 if QCOM’s observation value is at or above the Call Value of $170.61. If not called, investors receive 125.00% of QCOM’s upside above the Starting Value of $170.61, full principal back if the Ending Value is between 70.00% and 100.00% of the Starting Value, and 1:1 downside exposure below the Threshold Value of $119.43, with up to 100% of principal at risk. Payments depend on the credit risk of BofA Finance and BAC, and the Notes will not be listed on any securities exchange.
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, Russell 2000 and S&P 500 indexes. The Notes are expected to price on July 24, 2026, issue on July 29, 2026, and mature on August 27, 2027, for an approximately 13‑month term if not called.
Investors may receive a 12.00% per annum contingent coupon (1.00% monthly, $10 per $1,000) on each monthly Observation Date when all three indexes are at or above 70% of their Starting Values. Beginning October 29, 2026, the issuer may redeem the Notes monthly at $1,000 plus any due coupon. If held to maturity and the least performing index is below 70% of its Starting Value, repayment of principal is reduced 1:1 with that decline, with up to 100% of principal at risk; otherwise, investors receive principal plus any final coupon.
The public offering price is $1,000 per Note, with proceeds to BofA Finance of $997.50 per Note and an underwriting discount up to $2.50. The initial estimated value is expected to be between $940 and $990 per $1,000, reflecting internal funding and hedging costs. Payments depend on the credit of BofA Finance and BAC, and the Notes will not be listed on an exchange.
BofA Finance LLC is offering $322,000 of Buffered Auto-Callable Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the SPDR S&P Metals & Mining ETF (XME) and the VanEck Gold Miners ETF (GDX). The Notes price at $1,000 per Note, have an approximate 5‑year term to July 21, 2031, and the initial estimated value is $940.60 per $1,000.
The Notes may be automatically called monthly from July 22, 2027, paying a Call Amount that starts at $1,150 and steps up to $1,737.50 per $1,000. If held to maturity and not called, investors receive $1,750 per $1,000 if each ETF finishes at or above its Starting Value, principal back if the least performing ETF is between 85% and 100% of its Starting Value, and 1:1 downside beyond a 15% buffer, with up to 85% of principal at risk.
The structure pays no periodic interest, is not exchange-listed, and all payments depend on the credit of BofA Finance and BAC. The Notes are complex and expose holders to sector concentration in metals, mining and gold miners, ETF tracking risks, foreign and emerging markets exposure through GDX, limited liquidity, and U.S. tax uncertainty as described in the risk factors.
BofA Finance LLC is offering Buffered Digital Return Notes, fully guaranteed by Bank of America Corporation, linked to the least performing of the Nasdaq‑100 Index and the S&P 500 Index, with an approximate 13‑month term maturing on August 25, 2027.
Per $1,000 principal, investors receive a Digital Payment of $1,102 (a 10.20% return) at maturity if each index finishes at or above 80% of its Starting Value. If either index falls below this Threshold Value, principal is exposed on a leveraged basis: the payoff is reduced by 1.25% for every 1% the least performing index is below its Threshold Value, down to a possible 0 return.
The public offering price is $1,000 per Note, with an underwriting discount up to $5.50 and initial estimated value between $940 and $990, reflecting internal funding and hedging costs. The Notes pay no interest, are not exchange‑listed, and all payments are subject to the unsecured credit risk of BofA Finance and BAC.
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, with an expected term to January 27, 2028 and minimum denominations of $1,000.
The Notes pay a contingent coupon of 14.05% per annum (1.1709% per month, $11.709 per $1,000) on monthly Observation Dates only if each index is at or above 70% of its Starting Value. Beginning October 28, 2026, they are callable monthly at the issuer’s option at par plus any due coupon. If not called and any index ends below 70% of its Starting Value, principal is reduced 1:1 with the decline of the least performing index, with up to 100% of principal at risk; otherwise investors receive par plus any final contingent coupon. The public offering price is $1,000 per Note, with up to a $7.00 underwriting discount and initial estimated value between $940 and $990, and all payments are subject to the credit risk of BofA Finance and BAC.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $2,069,000 of Contingent Income Issuer Callable Yield Notes due June 21, 2028, linked to the Nasdaq-100 Index, Russell 2000 Index and the Utilities Select Sector SPDR ETF. The notes pay a contingent coupon of 11.90% per annum (0.9917% per month) only if on each Observation Date the value of every underlying is at or above 70% of its Starting Value; otherwise no coupon is paid.
Beginning October 20, 2026, the issuer may redeem the notes monthly at par plus any due coupon. If not called, and the least-performing underlying is below its 65% Threshold Value at maturity, investors are exposed 1:1 to that decline and can lose up to all principal; if it is at or above the threshold, principal is repaid. The notes are unsecured obligations subject to the credit risk of BofA Finance and BAC, are not exchange-listed, and have an initial estimated value of $991 per $1,000, below the public offering price.
BofA Finance LLC is offering $3,067,000 of Contingent Income Issuer Callable Yield Notes due June 21, 2028, 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 8.60% per annum (0.7167% per month), only if on each monthly Observation Date all three indices are at or above 70% of their Starting Values. Beginning October 20, 2026, BofA Finance may redeem the Notes monthly at par plus any due coupon, limiting the potential duration of income.
If the Notes are not called and any index is below 55% of its Starting Value on the Valuation Date, principal is exposed 1:1 to the decline of the least performing index, with up to 100% loss of principal. Otherwise, investors receive full principal plus a final contingent coupon if the 70% barriers are met. The initial estimated value is $977.70 per $1,000, below the public offering price, reflecting internal funding and hedging costs. All payments depend on the credit risk of BofA Finance and BAC, and the Notes will not be listed on any exchange.
BofA Finance LLC is offering $730,000 of Contingent Income Issuer Callable Yield Notes due July 19, 2029, fully and unconditionally guaranteed by Bank of America Corporation. The notes are linked to the least performing of the Dow Jones Industrial Average and the S&P 500 Index and are issued in $1,000 denominations.
The notes pay a 7.50% per annum contingent coupon (0.625% monthly, $6.25 per $1,000) only if on each monthly Observation Date both indices are at or above 70% of their Starting Values. Beginning July 20, 2027, BofA Finance may redeem the notes monthly at par plus any due coupon, ending all future payments.
If the notes are not called and the least performing index finishes below its 70% Threshold Value on the Valuation Date, repayment of principal is reduced 1:1 with the index decline and investors can lose up to 100% of principal; otherwise, investors receive par plus any final contingent coupon. The initial estimated value is $980.70 per $1,000, below the public offering price, reflecting BAC’s internal funding rate, referral fees and hedging charges. The notes are unsecured, unsubordinated obligations of BofA Finance, guaranteed by BAC, and will not be listed on any exchange.
BofA Finance LLC is offering $1,161,000 of Buffered Auto-Callable Return Notes due July 19, 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 Index and Russell 2000 Index.
The notes may be automatically called on July 19, 2027 for $1,228 per $1,000 if each index is at or above its Starting Value. If not called, at maturity investors receive full upside exposure to gains in the least performing index, principal protection only if that index closes between 80% and 100% of its Starting Value, and a 1.25x leveraged loss beyond a 20% decline, with up to 100% of principal at risk.
The public offering price is $1,000 per note, with proceeds to the issuer of $997.50 per $1,000 before expenses and an initial estimated value of $983.50. The notes pay no interest, will not be listed on any exchange, and all payments are subject to the unsecured credit risk of BofA Finance and BAC.