BofA Finance LLC and Bank of America Corporation filed a free writing prospectus (FWP) pursuant to Rule 433 on November 4, 2026, disclosing terms for Autocallable Leveraged Index Return Notes linked to an approximately equally weighted basket of three stocks: RTX Corporation, Lockheed Martin Corporation, and Palantir Technologies Inc.

Key Highlights

  • Issuer and guarantor: BofA Finance LLC is the issuer; Bank of America Corporation is the guarantor, according to the filing.
  • Principal amount: $10.00 per unit, with a term of approximately two years if the notes are not called.
  • Basket composition: Common stocks of RTX Corporation (NYSE: "RTX"), Lockheed Martin Corporation (NYSE: "LMT"), and Class A common stock of Palantir Technologies Inc. (Nasdaq: "PLTR"), each approximately equally weighted.
  • Automatic call: Notes are called automatically if the Market Measure equals or exceeds 100.00% of the Starting Value on the Observation Date (approximately one year from the pricing date), with a Call Amount of $11.50 to $11.60 per unit.
  • Participation rate: 150.00% leveraged upside exposure to increases in the Market Measure at maturity, with 1-to-1 downside exposure and up to 100% of principal at risk.
  • No interest payments and no exchange listing, as disclosed in the filing.
  • No guaranteed return of principal: The filing states that "depending on the performance of the Market Measure as measured shortly before the maturity date, your investment may result in a loss."

Terms and Risk Profile of the BofA Finance Autocallable LIRNs Basket Offering

According to the filing, BofA Finance LLC is offering Autocallable Leveraged Index Return Notes (LIRNs) with a principal amount of $10.00 per unit. The Market Measure is an approximately equally weighted basket consisting of the common stocks of RTX Corporation (NYSE symbol: "RTX"), Lockheed Martin Corporation (NYSE symbol: "LMT"), and the Class A common stock of Palantir Technologies Inc. (Nasdaq symbol: "PLTR"). The notes carry a term of approximately two years if not called earlier.

The filing discloses that the notes will be called automatically on the Observation Date, approximately one year from the pricing date, if the Market Measure value equals or exceeds the Call Level of 100.00% of the Starting Value. If called, the Call Amount is $11.50 to $11.60 per unit, to be determined on the pricing date. If not called and held to maturity, the notes offer 150.00% leveraged participation in any increase in the Market Measure, while losses track the basket decline on a 1-to-1 basis, with up to 100% of principal at risk.

The filing identifies several key risks. Payments are subject to the credit risk of both BofA Finance and BAC, and the filing states that "if BofA Finance and BAC become insolvent or are unable to pay their respective obligations, you may lose your entire investment." The filing also notes that the initial estimated value of the notes on the pricing date will be less than their public offering price, and that the market value of the notes prior to maturity may be lower than both the public offering price and the initial estimated value. No interest payments are made, and the notes will not be listed on any exchange. Investors have no rights as holders of the underlying Basket Stocks and are not entitled to dividends or other distributions from those issuers.

What Was Disclosed

BofA Finance LLC filed a free writing prospectus disclosing preliminary terms for Autocallable LIRNs linked to a basket of RTX, LMT, and PLTR stocks, with a $10.00 per unit principal, 150.00% upside participation, automatic call provisions, and full principal-at-risk downside exposure.