$BAC · Bank of America Corporation
Bank of America Corporation filed a pricing supplement for $451,000 of auto-callable notes issued by BofA Finance LLC and guaranteed by BAC. The notes, priced on November 4, 2026 and maturing on October 10, 2028, are linked to the least performing of three ETFs: the Global X Uranium ETF, the SPDR S&P Regional Banking ETF, and the Utilities Select Sector SPDR ETF. They do not pay periodic interest and are not listed on an exchange.
Beginning on February 4, 2027, the notes can be automatically called monthly if each underlying closes at or above its call value, which starts at 85% of its starting value for the first observation date and 90% thereafter. If called, investors receive the applicable call amount. If held to maturity and all underlyings end at or above 90% of their starting values, investors receive $1,239.591 per $1,000 principal amount. If any underlying declines by more than 40% from its starting value, investors are exposed 1:1 to the decrease of the least performing underlying, with up to 100% of principal at risk. If the least performing underlying ends between 60% and 90% of its starting value, investors receive only the principal amount.
The filing states the initial estimated value of the notes was $964.90 per $1,000 principal amount, below the $1,000 public offering price. All payments on the notes are subject to the credit risk of BofA Finance LLC as issuer and Bank of America Corporation as guarantor.