BofA Finance LLC Files 424B2 Prospectus for Securities Offering

TL;DR

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

AI Summary

BofA Finance LLC, a subsidiary of Bank of America Corp, filed a 424B2 prospectus on March 23, 2026, related to a previously filed registration statement (File No. 333-290665-01). This filing indicates BofA Finance LLC is offering securities, likely debt, under an existing 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.

Risk Assessment

Risk Level: medium — While a standard offering, the specific terms of the securities (not detailed here) could introduce interest rate or credit risk to investors.

Analyst Insight

Investors should monitor subsequent filings for the specific terms (e.g., interest rates, maturity dates) of the securities being offered by BofA Finance LLC, as these details will impact the financial health of its parent, Bank of America Corp.

Key Numbers

• 2026-03-23 — Filing Date (Date the 424B2 prospectus was filed by BofA Finance LLC)
• 333-290665-01 — Registration Statement File No. (The specific registration statement under which BofA Finance LLC is offering securities)

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 (person) — CIK for BofA Finance LLC
• 0000070858 (person) — CIK for Bank of America Corp /DE/
• 333-290665-01 (dollar_amount) — File number for BofA Finance LLC's registration statement
• 333-290665 (dollar_amount) — File number for Bank of America Corp /DE/'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: 2026-06-30

FAQ

Key Financial Figures

• $283,000 — BofA Finance LLC $283,000 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
• $27.50 — plicable, will equal (i) the product of $27.50 times the number of Contingent Payment
• $974.60 — of the Notes as of the pricing date is $974.60 per $1,000.00 in principal amount of No
• $2.50 — fA Finance (2) Per Note $1,000.00 $2.50 $997.50 Total $283,000.00 $707.
• $997.50 — ce (2) Per Note $1,000.00 $2.50 $997.50 Total $283,000.00 $707.50 $282,
• $283,000.00 — $1,000.00 $2.50 $997.50 Total $283,000.00 $707.50 $282,292.50 (1) Certain d
• $707.50 — $2.50 $997.50 Total $283,000.00 $707.50 $282,292.50 (1) Certain dealers who
• $282,292.50 — 97.50 Total $283,000.00 $707.50 $282,292.50 (1) Certain dealers who purchase the
• $2 — cipal amount of Notes may be as high as $2.50, resulting in proceeds, before expen
• $17.50 — inance will pay a referral fee of up to $17.50 per $1,000.00 in principal amount of th
• $13.46 — arch 22, 2029 Starting Value: LYFT: $13.46 RIVN: $15.53 SOFI: $17.18 The Sta
• $15.53 — Starting Value: LYFT: $13.46 RIVN: $15.53 SOFI: $17.18 The Starting Values we
• $17.18 — : LYFT: $13.46 RIVN: $15.53 SOFI: $17.18 The Starting Values were determined o
• $13 — e Valuation Date. Call Value: LYFT: $13.46, which is 100.00% of its Starting Va

Filing Documents

• form424b2.htm (424B2) — 344KB
• 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) — 21KB
• image_006.jpg (GRAPHIC) — 13KB
• image_007.jpg (GRAPHIC) — 5KB
• image_008.jpg (GRAPHIC) — 4KB
• image_009.jpg (GRAPHIC) — 26KB
• image_010.jpg (GRAPHIC) — 101KB
• image_011.jpg (GRAPHIC) — 99KB
• image_012.jpg (GRAPHIC) — 111KB
• 0001918704-26-007904.txt ( ) — 1025KB
• exfilingfees_htm.xml (XML) — 2KB

From the Filing

BofA Finance LLC $283,000 Contingent Income (with Memory Feature) Auto-Callable Yield Notes Fully and Unconditionally Guaranteed by Bank of America Corporation Pricing Supplement (To Prospectus dated December 8, 2025, Series A Prospectus Supplement dated December 8, 2025 and Product Supplement STOCK-1 dated December 8, 2025) Filed Pursuant to Rule 424(b)(2) Registration Statement Nos. 333-290665 and 333-290665-01 March 19, 2026 Linked to the Least Performing of the Class A Common Stock of Lyft, Inc., the Class A Common Stock of Rivian Automotive, Inc. and the Common Stock of SoFi Technologies, Inc. The Contingent Income (with Memory Feature) Auto-Callable Yield Notes Linked to the Least Performing of the Class A Common Stock of Lyft, Inc., the Class A Common Stock of Rivian Automotive, Inc. and the Common Stock of SoFi Technologies, Inc., due March 22, 2029 (the "Notes") priced on March 19, 2026 and will issue on March 24, 2026. Approximate 3 year term if not called prior to maturity. Payments on the Notes will depend on the individual performance of the Class A common stock of Lyft, Inc., the Class A common stock of Rivian Automotive, Inc. and the common stock of SoFi Technologies, Inc. (each an "Underlying Stock"). Contingent coupons payable monthly if the Observation Value of each Underlying Stock on the applicable Observation Date is greater than or equal to 50.00% of its Starting Value, assuming the Notes have not been called. The coupon per $1,000.00 in principal amount of Notes payable on the related Contingent Payment Date, if applicable, will equal (i) the product of $27.50 times the number of Contingent Payment Dates that have occurred up to the relevant Contingent Payment Date (inclusive of the relevant Contingent Payment Date) minus (ii) the sum of all Contingent Coupon Payments previously paid. Beginning with the September 21, 2026 Call Observation Date, automatically callable quarterly for an amount equal to the principal amount plus the relevant Contingent Coupon Payment, if the Observation Value of each Underlying Stock is greater than or equal to 100.00% of its Starting Value on any Call Observation Date. Assuming the Notes are not called prior to maturity, if any Underlying Stock declines by more than 50% from its Starting Value, at maturity your investment will be subject to 1:1 downside exposure to decreases in the value of the Least Performing Underlying Stock, with up to 100% of the principal at risk; otherwise, at maturity, you will receive the principal amount. At maturity you will also receive a final Contingent Coupon Payment if the Observation Value of each Underlying Stock on the final Observation Date is greater than or equal to 50.00% of its Starting Value. All payments on the Notes are subject to the credit risk of BofA Finance LLC ("BofA Finance" or the "Issuer"), as issuer of the Notes, and Bank of America Corporation ("BAC" or the "Guarantor"), as guarantor of the Notes. The Starting Values of the Underlying Stocks were determined on March 18, 2026 (the "Strike Date"). The Starting Value of each of the Class A common stock of Lyft, Inc. and the common stock of SoFi Technologies, Inc. is higher than its respective Closing Market Price on the pricing date. The Starting Value of the Class A common stock of Rivian Automotive, Inc. is lower than its Closing Market Price on the pricing date. The Notes will not be listed on any securities exchange. CUSIP No. 09711Q6V0. The initial estimated value of the Notes as of the pricing date is $974.60 per $1,000.00 in principal amount of Notes, which is less than the public offering price listed below. The actual value of your Notes at any time will reflect many factors and cannot be predicted with accuracy. See "Risk Factors" beginning on page PS-12 of this pricing supplement and "Structuring the Notes" on page PS-20 of this pricing supplement for additional information. There are important differences between the Notes and a conventional debt security. Potential purchasers of the Notes should consider the information in "Risk Factors" beginning on page PS-12 of this pricing supplement, page PS-4 of the accompanying product supplement, page S-7 of the accompanying prospectus supplement, and page 7 of the accompanying prospectus. None of the Securities and Exchange Commission (the "SEC"), any state securities commission, or any other regulatory body has approved or disapproved of these securities or determined if this pricing supplement and the accompanying product supplement, prospectus supplement and prospectus is truthful or complete. Any representation to the contrary is a criminal offense. Public Offering Price (1) Underwriting Discount (1)(2)(3) Proceeds, before expenses, to BofA Finance (2) Per Note $1,000.00 $2.50 $997.50 Total $283,000.00 $707.50 $282,292.50 (1) Certain dealers who purchase the Notes for sale to certain fee-based advisory accounts may forgo some

View Full Filing

View this 424B2 filing on SEC EDGAR