BofA Finance Files 424B2 Prospectus for New Securities Offering
| Field | Detail |
|---|---|
| Company | Bofa Finance LLC |
| Form Type | 424B2 |
| Filed Date | Mar 23, 2026 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 19 min |
| Key Dollar Amounts | $5,887,000, $1,000.00, $26.375, $943.20, $38.75 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: prospectus, debt-offering, capital-raise
Related Tickers: BAC
TL;DR
**BofA Finance is gearing up to issue new securities, watch for details on the offering.**
AI Summary
BofA Finance LLC, a subsidiary of Bank of America Corp, filed a 424B2 prospectus on March 23, 2026. This filing is a standard procedure for offering securities, indicating that BofA Finance LLC is preparing to issue new financial products. For investors, this means potential new investment opportunities from BofA Finance, but also that the company is likely raising capital, which could dilute existing shareholder value if the parent company's equity is involved, or increase debt.
Why It Matters
This filing signals BofA Finance LLC's intent to offer new securities, which could impact the company's capital structure and provide new investment avenues for the market.
Risk Assessment
Risk Level: medium — While a prospectus filing is routine, the specific terms of the upcoming securities offering are unknown, which could introduce market or credit risk depending on the nature of the offering.
Analyst Insight
Investors should monitor subsequent filings (like pricing supplements or final prospectuses) to understand the specific terms, type, and quantity of securities being offered by BofA Finance LLC, as this will determine the potential impact on the parent company, Bank of America Corp.
Key Numbers
- 333-290665-01 — File Number (Unique identifier for BofA Finance LLC's registration statement)
- 2026-03-23 — Filing Date (Date the 424B2 prospectus was filed)
- 17:13:45 — Accepted Time (Time the filing was accepted by the SEC)
Key Players & Entities
- BofA Finance LLC (company) — Filer of the 424B2 prospectus
- Bank of America Corp /DE/ (company) — Parent company of BofA Finance LLC
- March 23, 2026 (date) — Filing date of the 424B2 prospectus
- 0001682472 (person) — CIK for BofA Finance LLC
- 0000070858 (person) — CIK for Bank of America Corp /DE/
FAQ
What is the purpose of this 424B2 filing by BofA Finance LLC?
The 424B2 filing is a prospectus, which is used to register securities for sale to the public. This indicates BofA Finance LLC is preparing to offer new securities, as evidenced by the 'Type: 424B2' and 'Act: 33' (Securities Act of 1933) listed in the filing details.
When was this specific 424B2 filing made by BofA Finance LLC?
This 424B2 filing was made on 'Filing Date 2026-03-23' and was 'Accepted 2026-03-23 17:13:45' according to the SEC accession details.
What is the relationship between BofA Finance LLC and Bank of America Corp /DE/?
BofA Finance LLC (CIK: 0001682472) is a subsidiary of Bank of America Corp /DE/ (CIK: 0000070858), as indicated by both entities being listed as 'Filer' with Bank of America Corp /DE/ having a broader 'File No.: 333-290665' and BofA Finance LLC having a specific 'File No.: 333-290665-01'.
What is the SIC code for BofA Finance LLC and what does it signify?
The SIC code for BofA Finance LLC is '6021 National Commercial Banks'. This signifies that the company operates within the national commercial banking sector, as detailed in the filing information.
Where are the business and mailing addresses for BofA Finance LLC?
Both the mailing and business addresses for BofA Finance LLC are listed as 'BANK OF AMERICA CORPORATE CENTER 100 N TRYON ST CHARLOTTE NC 28255', with a specific internal address 'NC1-007-06-10' for the parent company, Bank of America Corp /DE/.
Filing Stats: 4,644 words · 19 min read · ~15 pages · Grade level 9.8 · Accepted 2026-03-23 17:13:45
Key Financial Figures
- $5,887,000 — BofA Finance LLC $5,887,000 Contingent Income (with Memory Featur
- $1,000.00 — es have not been called. The coupon per $1,000.00 in principal amount of Notes payable on
- $26.375 — plicable, will equal (i) the product of $26.375 times the number of Contingent Payment
- $943.20 — of the Notes as of the pricing date is $943.20 per $1,000.00 in principal amount of No
- $38.75 — fA Finance (2) Per Note $1,000.00 $38.75 $961.25 Total $5,887,000.00 $19
- $961.25 — e (2) Per Note $1,000.00 $38.75 $961.25 Total $5,887,000.00 $191,327.50
- $5,887,000.00 — $1,000.00 $38.75 $961.25 Total $5,887,000.00 $191,327.50 $5,695,672.50 (1) Cer
- $191,327.50 — .75 $961.25 Total $5,887,000.00 $191,327.50 $5,695,672.50 (1) Certain dealers w
- $5,695,672.50 — Total $5,887,000.00 $191,327.50 $5,695,672.50 (1) Certain dealers who purchase the
- $38 — cipal amount of Notes may be as high as $38.75, resulting in proceeds, before expen
- $6.25 — inance will pay a referral fee of up to $6.25 per $1,000.00 in principal amount of th
- $46.54 — Starting Value: RTY: 2,494.710 XLU: $46.54 SMH: $394.92 Observation Value: W
- $394.92 — : RTY: 2,494.710 XLU: $46.54 SMH: $394.92 Observation Value: With respect to
- $46 — s 100.00% of its Starting Value. XLU: $46.54, which is 100.00% of its Starting Va
- $394 — s 100.00% of its Starting Value. SMH: $394.92, which is 100.00% of its Starting Va
Filing Documents
- form424b2.htm (424B2) — 492KB
- exfilingfees.htm (EX-FILING FEES) — 5KB
- image_001.jpg (GRAPHIC) — 27KB
- image_002.jpg (GRAPHIC) — 17KB
- image_003.jpg (GRAPHIC) — 6KB
- image_004.jpg (GRAPHIC) — 3KB
- image_005.jpg (GRAPHIC) — 19KB
- image_006.jpg (GRAPHIC) — 13KB
- image_007.jpg (GRAPHIC) — 5KB
- image_008.jpg (GRAPHIC) — 4KB
- image_009.jpg (GRAPHIC) — 22KB
- image_010.jpg (GRAPHIC) — 126KB
- image_011.jpg (GRAPHIC) — 111KB
- image_012.jpg (GRAPHIC) — 13KB
- image_013.jpg (GRAPHIC) — 23KB
- image_014.jpg (GRAPHIC) — 5KB
- image_015.jpg (GRAPHIC) — 5KB
- image_016.jpg (GRAPHIC) — 15KB
- image_017.jpg (GRAPHIC) — 6KB
- image_018.jpg (GRAPHIC) — 7KB
- image_019.jpg (GRAPHIC) — 8KB
- image_020.jpg (GRAPHIC) — 16KB
- image_021.jpg (GRAPHIC) — 16KB
- image_022.jpg (GRAPHIC) — 96KB
- 0001918704-26-007903.txt ( ) — 1345KB
- exfilingfees_htm.xml (XML) — 2KB
Risk Factors
Risk Factors Your investment in the Notes entails signific