BofA Finance LLC Files 424B2 Prospectus for Securities Offering

TL;DR

**BofA Finance is issuing new securities, likely debt, under a shelf registration.**

AI Summary

BofA Finance LLC, a subsidiary of Bank of America Corp, filed a 424B2 prospectus on March 23, 2026, related to its registration statement 333-290665-01. This filing indicates BofA Finance LLC is offering securities, likely debt, under a previously established shelf registration. For investors, this means BofA Finance is raising capital, which could be used for general corporate purposes, potentially impacting the parent company's financial health and future growth prospects.

Why It Matters

This filing signals BofA Finance LLC is actively raising capital, which could influence Bank of America's liquidity and strategic initiatives, potentially affecting its stock valuation.

Risk Assessment

Risk Level: low — This is a routine prospectus filing for a large financial institution, indicating a standard capital-raising activity with minimal immediate risk.

Analyst Insight

Investors should monitor subsequent filings from BofA Finance LLC or Bank of America Corp to understand the specific terms of the securities being offered and how the raised capital will be utilized, as this could impact the parent company's financial outlook.

Key Numbers

• 2026-03-23 — Filing Date (Date the 424B2 prospectus was filed by BofA Finance LLC)
• 333-290665-01 — File No. (Registration statement number under which BofA Finance LLC is offering securities)
• 0001682472 — CIK (Central Index Key for BofA Finance LLC)

Key Players & Entities

• BofA Finance LLC (company) — Filer of the 424B2 prospectus
• Bank of America Corp /DE/ (company) — Parent company of BofA Finance LLC
• 0001682472 (dollar_amount) — CIK of BofA Finance LLC
• 0000070858 (dollar_amount) — CIK of Bank of America Corp /DE/
• 333-290665-01 (dollar_amount) — File number for BofA Finance LLC's registration statement
• 2026-03-23 (dollar_amount) — Filing date of the 424B2 prospectus

Forward-Looking Statements

• BofA Finance LLC will successfully raise capital through this offering. (BofA Finance LLC) — high confidence, target: 2026-12-31

FAQ

Key Financial Figures

• $1,240,000 — BofA Finance LLC $1,240,000 Capped Buffered Return Notes Fully
• $981.60 — of the Notes as of the pricing date is $981.60 per $1,000.00 in principal amount of No
• $1,000.00 — s as of the pricing date is $981.60 per $1,000.00 in principal amount of Notes, which is
• $0.00 — o BofA Finance Per Note $1,000.00 $0.00 $1,000.00 Total $1,240,000.00 $
• $1,240,000.00 — $1,000.00 $0.00 $1,000.00 Total $1,240,000.00 $0.00 $1,240,000.00 (1) In additi
• $6.00 — inance will pay a referral fee of up to $6.00 per $1,000.00 in principal amount of th
• $1,230.50 — on the Valuation Date. Max Return: $1,230.50 per $1,000.00 in principal amount of No
• $1,200.00 — 230.50 (1) 23.05% 120.00 20.00% $1,200.00 20.00% 110.00 10.00% $1,100.00
• $1,100.00 — $1,200.00 20.00% 110.00 10.00% $1,100.00 10.00% 105.00 5.00% $1,050.00
• $1,050.00 — $1,100.00 10.00% 105.00 5.00% $1,050.00 5.00% 102.00 2.00% $1,020.00
• $1,020.00 — $1,050.00 5.00% 102.00 2.00% $1,020.00 2.00% 100.00 (2) 0.00% $1,000.0
• $999.90 — $1,000.00 0.00% 79.99 -20.01% $999.90 -0.01% 70.00 -30.00% $900.00
• $900.00 — $999.90 -0.01% 70.00 -30.00% $900.00 -10.00% 60.00 -40.00% $800.00
• $800.00 — $900.00 -10.00% 60.00 -40.00% $800.00 -20.00% 50.00 -50.00% $700.00
• $700.00 — $800.00 -20.00% 50.00 -50.00% $700.00 -30.00% 0.00 -100.00% $200.00

Filing Documents

• form424b2.htm (424B2) — 231KB
• exfilingfees.htm (EX-FILING FEES) — 5KB
• image_001.jpg (GRAPHIC) — 27KB
• image_002.jpg (GRAPHIC) — 17KB
• image_003.jpg (GRAPHIC) — 17KB
• image_004.jpg (GRAPHIC) — 3KB
• image_005.jpg (GRAPHIC) — 19KB
• image_006.jpg (GRAPHIC) — 13KB
• image_007.jpg (GRAPHIC) — 6KB
• image_008.jpg (GRAPHIC) — 5KB
• image_009.jpg (GRAPHIC) — 4KB
• image_010.jpg (GRAPHIC) — 15KB
• image_011.jpg (GRAPHIC) — 9KB
• image_012.jpg (GRAPHIC) — 7KB
• image_013.jpg (GRAPHIC) — 18KB
• image_014.jpg (GRAPHIC) — 105KB
• 0001918704-26-007892.txt ( ) — 690KB
• exfilingfees_htm.xml (XML) — 2KB

Risk Factors

Risk Factors Your investment in the Notes entails significant risks, many of which differ from those of a conventional debt security. Your decision to purchase the Notes should be made only after carefully considering the risks of an investment in the Notes, including those discussed below, with your advisors in light of your particular circumstances. The Notes are not an appropriate investment for you if you are not knowledgeable about significant elements of the Notes or financial matters in general. You should carefully review the more detailed explanation of risks relating to the Notes in the "Risk Factors" sections beginning on page PS-3 of the accompanying product supplement, page S-7 of the accompanying prospectus supplement and page 7 of the accompanying prospectus, each as identified on page PS-18 below. Structure-related Risks Your investment may result in a loss; there is no guaranteed return of principal. There is no fixed principal repayment amount on the Notes at maturity. If the Ending Value of the Underlying is less than the Threshold Value, at maturity, your investment will be subject to 1:1 downside exposure to decreases in the value of the Underlying beyond a 20% decline and you will lose 1% of the principal amount for each 1% that the Ending Value of the Underlying is less than the Threshold Value. In that case, you will lose some or a significant portion of your investment in the Notes. The return on the Notes will be limited to the Max Return. The return on the Notes will not exceed the Max Return, regardless of the performance of the Underlying. In contrast, a direct investment in the securities included in the Underlying would allow you to receive the benefit of any appreciation in their value. Any return on the Notes will not reflect the return you would realize if you actually owned those securities and received the dividends paid or distributions made on them. The Notes do not bear interest. Unlike a conventional debt security, n

View Full Filing

View this 424B2 filing on SEC EDGAR