BofA Finance LLC priced $5,398,000.00 ($5.398 million) of notes linked to the S&P 500 Index, with issuance set for September 23, 2026. Investors may receive an 8.00% annual contingent coupon, but payments depend on index performance and principal could fall by up to 100.00%.

Key Highlights

  • The notes have a minimum denomination of $1,000, with additional holdings available in whole multiples of $1,000.
  • Bank of America Corporation guarantees the notes, which are not FDIC insured and are not bank guaranteed.
  • BofA Finance will not list the notes on a securities exchange, and a secondary trading market may not develop.

The notes are due September 23, 2030, and are scheduled for issuance on September 23, 2026. Payments depend on the performance of the index, while Bank of America Corporation (NYSE: BAC) provides the related guarantee. The notes offer contingent income rather than an unconditional coupon.

S&P 500 Notes Set For Issue

BofA Finance’s notes have an approximate four-year term unless they are automatically called earlier. The notes were priced on September 18, 2026. Their minimum denomination is $1,000, with additional holdings available in whole multiples of $1,000. If the index’s observation level reaches the Call Value on a call observation date, all of the notes will be called. The early Redemption amount will be $1,000 per $1,000 in principal amount, plus any applicable contingent coupon payment.

Coupon Depends On Index Level

The contingent coupon rate is 8.00% per annum, or 2.00% per quarter. A quarterly payment is made only when the index’s closing level on the relevant observation date is at least 70.00% of its Starting Value, provided the notes have not already been called. The contingent payment equals $20.00 per $1,000 in principal amount. The Starting Value and Call Value are both 7,650.50. The Coupon Barrier and Threshold Value are each 5,355.35.

Principal Protection Has Limits

If the notes remain outstanding through maturity, the final payment depends on the index’s Ending Value compared with the Threshold Value. An Ending Value at or above the threshold results in a $1,000 payment per $1,000 in principal amount, subject to any final contingent coupon payment. An Ending Value below the threshold produces a redemption amount below 70.00% of principal and could result in a loss of up to 100.00% of the investment.

Secondary Trading And Credit Risks

The notes will not be listed on a securities exchange. BofA Finance said a trading market may not develop or continue, and any secondary-market value could be affected by the index’s performance, the creditworthiness of BofA Finance and Bank of America Corporation, and market conditions. The public offering price is greater than the notes’ initial estimated value as of the pricing date. The document attributes that difference to factors including Bank of America Corporation’s internal funding rate, any Underwriting discount and hedging-related charges. Trading and hedging by BofA Finance, Bank of America Corporation or their affiliates may involve securities, futures, Options or other instruments connected with the S&P 500 Index. Those activities may create conflicts of interest and affect the notes’ returns or market value.