BofA Finance LLC Files 424B2 for Securities Offering

TL;DR

**BofA Finance is gearing up to issue new securities, watch for details on what they're selling!**

AI Summary

This 424B2 filing from March 24, 2026, indicates that BofA Finance LLC, a subsidiary of Bank of America Corp /DE/, is offering securities under a previously filed registration statement (File No. 333-290665-01). This matters to investors because it signals BofA Finance LLC's intent to raise capital, likely through debt or equity offerings, which can impact the company's financial structure and future growth prospects. For existing shareholders of Bank of America Corp, it's important to monitor the terms of these offerings as they could influence earnings per share or the overall risk profile of the parent company.

Why It Matters

This filing signals BofA Finance LLC's intention to raise capital, which could fund operations, expansion, or refinance existing debt, ultimately impacting the financial health and future direction of Bank of America Corp.

Risk Assessment

Risk Level: medium — The risk level is medium because while a prospectus filing itself isn't inherently risky, the specific terms of the securities offered (e.g., debt vs. equity, interest rates, maturity) could introduce new risks or dilute existing shareholder value.

Analyst Insight

Investors should monitor subsequent filings (e.g., pricing supplements) to understand the specific terms, size, and type of securities being offered by BofA Finance LLC, as this will determine the impact on Bank of America Corp's financials and shareholder value.

Key Numbers

• 2026-03-24 — Filing Date (The date the 424B2 prospectus was filed, indicating the timing of the potential offering.)
• 333-290665-01 — Registration Statement File No. (The specific registration statement under which BofA Finance LLC is offering securities, linking this prospectus to a broader offering plan.)
• 0001682472 — BofA Finance LLC CIK (Unique identifier for BofA Finance LLC, allowing investors to track all its filings.)
• 0000070858 — Bank of America Corp /DE/ CIK (Unique identifier for the parent company, useful for understanding the broader corporate structure.)

Key Players & Entities

• BofA Finance LLC (company) — the filer of the 424B2 prospectus
• Bank of America Corp /DE/ (company) — the 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

Forward-Looking Statements

• BofA Finance LLC will successfully complete a capital raise based on this prospectus. (BofA Finance LLC) — high confidence, target: 2026-06-30

FAQ

Key Financial Figures

• $4,508,000 — ENTS Opportunities in U.S. Equities $4,508,000 Contingent Income Auto-Callable Securit
• $1,000 — $4,508,000 Stated principal amount: $1,000 per security Issue price: $1,000 pe
• $25.75 — ll pay a contingent quarterly coupon of $25.75 per security (equal to a rate of 2.575%
• $356 — ce factor Downside threshold price: $356.20, which is equal to 60% of the initia
• $966.50 — Estimated value on the pricing date: $966.50 per $1,000 in principal amount of secur
• $1,000.00 — ds to BofA Finance (3) Per security $1,000.00 $17.50 (1) $5.00 (2) $977.50 To
• $17.50 — inance (3) Per security $1,000.00 $17.50 (1) $5.00 (2) $977.50 Total $4,
• $5.00 — Per security $1,000.00 $17.50 (1) $5.00 (2) $977.50 Total $4,508,000.00
• $977.50 — $1,000.00 $17.50 (1) $5.00 (2) $977.50 Total $4,508,000.00 $101,430.00
• $4,508,000.00 — .50 (1) $5.00 (2) $977.50 Total $4,508,000.00 $101,430.00 $4,406,570.00 (1) Mor
• $101,430.00 — (2) $977.50 Total $4,508,000.00 $101,430.00 $4,406,570.00 (1) Morgan Stanley We
• $4,406,570.00 — Total $4,508,000.00 $101,430.00 $4,406,570.00 (1) Morgan Stanley Wealth Management
• $593 — previous page: Initial share price: $593.66, which is equal to the closing price
• $100.00 — : Hypothetical Initial Share Price: $100.00 Hypothetical Downside Threshold Price
• $60 — ypothetical Downside Threshold Price: $60.00, which is 60% of the hypothetical in

Filing Documents

• form424b2.htm (424B2) — 341KB
• exfilingfees.htm (EX-FILING FEES) — 5KB
• image_001.jpg (GRAPHIC) — 13KB
• image_002.jpg (GRAPHIC) — 92KB
• 0001918704-26-007965.txt ( ) — 578KB
• exfilingfees_htm.xml (XML) — 2KB

From the Filing

March 2026 Pricing Supplement Dated March 20, 2026 (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 BofA Finance LLC STRUCTURED INVESTMENTS Opportunities in U.S. Equities $4,508,000 Contingent Income Auto-Callable Securities due March 23, 2029 Based on the Performance of the Class A Common Stock of Meta Platforms, Inc. Fully and Unconditionally Guaranteed by Bank of America Corporation Principal at Risk Securities Contingent Income Auto-Callable Securities do not provide for the regular payment of interest or the repayment of principal. Instead, the securities offer the opportunity for investors to earn a contingent quarterly coupon (plus any previously unpaid contingent quarterly coupons from prior determination dates), but only with respect to each determination date on which the determination closing price or final share price, as applicable, of the underlying stock is greater than or equal to 60% of the initial share price, which we refer to as the downside threshold price. In addition, if the determination closing price of the underlying stock is greater than or equal to the initial share price on any determination date prior to the final determination date, the securities will be automatically redeemed for an amount per security equal to the stated principal amount plus the related contingent quarterly coupon and any previously unpaid contingent quarterly coupons from prior determination dates. However, if the securities are not automatically redeemed prior to maturity, the payment at maturity due on the securities will be as follows: (i) if the final share price is greater than or equal to the downside threshold price, the stated principal amount and the contingent quarterly coupon with respect to the final determination date plus any previously unpaid contingent quarterly coupons from prior determination dates, or (ii) if the final share price is less than the downside threshold price, investors will be exposed to the decline in the underlying stock on a 1-to-1 basis and will receive a payment at maturity that is less than 60% of the principal amount of the securities and could be zero. Moreover, if on any determination date the determination closing price or final share price, as applicable, of the underlying stock is less than the downside threshold price, you will not receive any contingent quarterly coupon for that quarterly period on the related contingent payment date. As a result, investors must be willing to accept the risk of not receiving any contingent quarterly coupons and also the risk of receiving a payment at maturity that is significantly less than the stated principal amount of the securities and could be zero. Accordingly, investors could lose their entire initial investment in the securities. The securities are for investors who are willing to risk their principal and seek an opportunity to earn contingent quarterly coupon payments at a potentially above-market rate in exchange for the risk of receiving few or no contingent quarterly coupons over the 3-year term of the securities. Investors will not participate in any appreciation of the underlying stock. The securities are our senior debt securities. Any payments on the securities are fully and unconditionally guaranteed by Bank of America Corporation ("BAC"). The securities are issued as part of BofA Finance LLC's ("BofA Finance") "Medium-Term Notes, Series A" program. All payments on the securities are subject to the credit risk of BofA Finance, as issuer of the securities, and BAC, as guarantor of the securities. If we default on our obligations, you could lose some or all of your investment. These securities are not secured obligations and you will not have any security interest in, or otherwise have any access to, any underlying reference asset or assets. SUMMARY TERMS Issuer: BofA Finance Guarantor: BAC Underlying stock: Meta Platforms, Inc. Class A common stock (Bloomberg ticker: "META UW"). Aggregate principal amount: $4,508,000 $1,000 per security Issue price: $1,000 per security (see "Commissions and issue price" below) Pricing date: March 20, 2026 Original issue date: March 25, 2026 (3 business days after the pricing date) Maturity date: March 23, 2029 Early redemption: If, on any of the first eleven determination dates, the determination closing price of the underlying stock is greater than or equal to the initial share price, the securities will be automatically redeemed for an early redemption payment on the third business day following the related determination date, as set forth under "Determination Dates, Contingent Payment Dates and Early Redemption Dates" below. No further payments will be made on the securities once they have been redeemed. Early redem

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View this 424B2 filing on SEC EDGAR