BofA Finance LLC is offering callable Yield notes that produce proceeds as low as $978.25 for each $1,000.00 in principal after a potential $21.75 Underwriting discount. Investors may receive $7.709 monthly when all three indexes remain above their barriers, but Maturity payments depend on the weakest index.
Key Highlights
- BofAS will purchase the notes from BofA Finance LLC as principal before distributing them to other broker-dealers.
- A monthly contingent payment equals $7.709 per $1,000 when each underlying index meets its barrier.
- The notes are due August 23, 2028, unless BofA Finance LLC calls them earlier.
BofA Finance LLC is offering contingent income issuer callable yield notes with proceeds to BofA Finance as low as $978.25 per $1,000 in principal. The notes are scheduled to issue on September 23, 2026, after pricing on September 18, 2026. They are due August 23, 2028, unless called earlier. BofA Finance may pay an underwriting discount of up to $21.75 for each $1,000 in principal amount. That would leave proceeds of as little as $978.25 per $1,000 before expenses. BofAS will buy the notes from BofA Finance as principal at the public offering price less the underwriting discount. It will then sell the notes to other participating broker-dealers at agreed discounts. The distribution discounts may vary among dealers. The notes will not be FDIC insured, are not bank guaranteed and may lose value. BofAS and other broker-dealer affiliates may conduct secondary-market or market-making transactions, but none of the named parties is obligated to buy the notes at any price or time.
Each is a price return index. A contingent coupon payment is available on each monthly observation date when every underlying is at or above its respective coupon barrier. The payment would be $7.709 per $1,000 in principal amount. The pricing supplement equates that amount to 0.7709% per month or 9.25% per annum. A failure by any one underlying to meet its barrier means no contingent coupon payment for that observation date.
Maturity Depends On Weakest Index
The valuation date is August 18, 2028, subject to postponement under the terms governing observation dates. If the least performing underlying is at or above its threshold value, the cash payment is $1,000 per $1,000 in principal amount. If that weakest index finishes below its threshold, the Redemption amount will be less than 70.00% of principal, and an investor could lose up to 100.00% of the investment. A final contingent coupon payment is included only if the least performing underlying is at or above its coupon barrier on the valuation date. Payments and any redemption amount remain subject to the creditworthiness of BofA Finance and Bank of America Corporation (NYSE: BAC).




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