BofA Finance LLC Files 424B2 Prospectus for New Securities Offering

TL;DR

**BofA Finance LLC is issuing new securities, likely to raise capital.**

AI Summary

This 424B2 filing from BofA Finance LLC, a subsidiary of Bank of America Corp, is a prospectus related to a securities offering. Filed on March 24, 2026, it indicates that BofA Finance LLC is issuing new securities under an existing registration statement (File No. 333-290665-01). This matters to investors because it signals BofA Finance LLC is raising capital, which could be used for various corporate purposes, potentially impacting future earnings or debt levels of the parent company, Bank of America Corp.

Why It Matters

This filing signals BofA Finance LLC is raising capital, which could affect Bank of America Corp's financial structure and future investment capacity.

Risk Assessment

Risk Level: medium — The risk level is medium because while raising capital can be beneficial, the specific terms of the securities and their use are not detailed in this summary, which could introduce unknown risks or dilution.

Analyst Insight

An investor should monitor subsequent filings (like pricing supplements) to understand the specific terms, amount, and type of securities being offered by BofA Finance LLC, and how this capital raise might impact Bank of America Corp's financial statements.

Key Numbers

• 2026-03-24 — Filing Date (Date the 424B2 prospectus was filed by BofA Finance LLC.)
• 333-290665-01 — Registration Statement File No. (The existing 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 (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
• 2026-03-24 (dollar_amount) — Filing date of the 424B2

FAQ

Key Financial Figures

• $10.00 — f 100 Notes (each Note corresponding to $10.00 in Stated Principal Amount) at the Publ
• $0.25 — ) to BofA Finance Per Note $10.00 $0.25 $9.75 Total $ $ $ (1) The u
• $9.75 — A Finance Per Note $10.00 $0.25 $9.75 Total $ $ $ (1) The underwrit
• $9.15 — he Trade Date is expected to be between $9.15 and $9.65 per $10 in Stated Principal A
• $9.65 — ate is expected to be between $9.15 and $9.65 per $10 in Stated Principal Amount. See
• $10 — ected to be between $9.15 and $9.65 per $10 in Stated Principal Amount. See "Summar
• $1,000 — $10.00 per Note Minimum Investment $1,000 (100 Notes) Term Approximately five
• $10.9000 — 0.000% of the Stated Principal Amount $10.9000 to $11.0000 April 5, 2027 June 28,
• $11.0000 — e Stated Principal Amount $10.9000 to $11.0000 April 5, 2027 June 28, 2027 11.25
• $11.1250 — 2.500% of the Stated Principal Amount $11.1250 to $11.2500 June 30, 2027 September
• $11.2500 — e Stated Principal Amount $11.1250 to $11.2500 June 30, 2027 September 27, 2027
• $11.3500 — 5.000% of the Stated Principal Amount $11.3500 to $11.5000 September 29, 2027 Dece
• $11.5000 — e Stated Principal Amount $11.3500 to $11.5000 September 29, 2027 December 27, 202
• $11.5750 — 7.500% of the Stated Principal Amount $11.5750 to $11.7500 December 29, 2027 March
• $11.7500 — e Stated Principal Amount $11.5750 to $11.7500 December 29, 2027 March 27, 2028

Filing Documents

• form424b2.htm (424B2) — 288KB
• image_001.jpg (GRAPHIC) — 12KB
• image_002.jpg (GRAPHIC) — 1KB
• image_003.jpg (GRAPHIC) — 18KB
• image_004.jpg (GRAPHIC) — 119KB
• 0001918704-26-007940.txt ( ) — 489KB

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 identified on page PS-2 above. Structure-related Risks The Notes do not bear interest . Unlike a conventional debt security, no interest payments will be paid over the term of the Notes, regardless of the extent to which the Current Underlying Level exceeds the Initial Value. 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 Notes are not automatically called and the Current Underlying Level on the Final Observation Date is less than the Downside Threshold, at maturity, you will lose 1% of the Stated Principal Amount for each 1% that the Current Underlying Level on the Final Observation Date is less than the Initial Value. In that case, you will lose a significant portion or all of your investment in the Notes. The appreciation potential of the Notes is limited . Your potential total return on the Notes is limited to the applicable Call Return, which will only be received if the Notes are automatically called. Because the Call Return increases the longer the Notes have been outstanding and because the Notes could be called as early as approximately twelve months after the Issue D

View Full Filing

View this 424B2 filing on SEC EDGAR