BofA Finance LLC filed a free writing prospectus on November 12, 2026, disclosing terms for Market Linked Securities auto-callable with contingent coupon payments linked to the lowest performing of Advanced Micro Devices, Inc. and NVIDIA Corporation common stock, maturing November 15, 2029.

Key Highlights

  • Underlying stocks: Securities are linked to the lowest performing of Advanced Micro Devices, Inc. (AMD) and NVIDIA Corporation common stock.
  • Contingent Coupon Rate: At least 18.55% per annum, to be determined on the pricing date of November 12, 2026.
  • Coupon and Threshold Barrier: Both set at 60% of each underlying stock's Starting Price.
  • Initial estimated value: Expected to be between $915.00 and $965.00 per Security, less than the public offering price of $1,000.
  • Underwriting discount: Up to 2.325% per Security; dealers may receive a selling concession of 1.75% per Security, with WFA eligible for a distribution expense fee of 0.075% per Security.
  • Principal at risk: If the Ending Price of the Lowest Performing Underlying Stock is below its Threshold Price at maturity, investors "will lose more than 40%, and possibly all, of the principal amount," according to the filing.
  • CUSIP: 09712HKZ4; Issue Date is November 17, 2026, subject to change.

Terms and Structure of BofA Finance's AMD-NVIDIA Linked Securities

According to the filing, BofA Finance LLC is the issuer and Bank of America Corporation is the fully and unconditionally guaranteeing parent. The securities are denominated in $1,000 increments and carry a maturity date of November 15, 2029. Calculation Days occur monthly on the 12th of each month beginning December 2026, with the Final Calculation Day on November 12, 2029. Contingent Coupon Payments, if earned, are paid monthly on the third business day following each Calculation Day.

The filing discloses that coupons are paid only when the stock closing price of the Lowest Performing Underlying Stock on a Calculation Day is greater than or equal to its Coupon Barrier (60% of its Starting Price). A Memory Feature allows previously unpaid coupons to be paid on a later Calculation Day when the barrier condition is met. Automatic call provisions apply from May 2027 through October 2029 if the Lowest Performing Underlying Stock closes at or above its Starting Price on a Calculation Day, triggering a cash settlement equal to principal plus any owed coupon payments.

The filing states that if the securities are not called and the Lowest Performing Underlying Stock's Ending Price on the Final Calculation Day is below 60% of its Starting Price, the Maturity Payment Amount equals $1,000 multiplied by the Performance Factor of that stock, exposing investors to full downside of the worst performer. The filing further notes that "any return on the Securities will be limited to the sum of your Contingent Coupon Payments, if any," and that investors will not participate in any appreciation of either underlying stock. The securities are filed under Registration Statement Nos. 333-290665 and 333-290665-01, pursuant to Rule 433.

What Was Disclosed

BofA Finance LLC disclosed a term sheet for principal-at-risk, auto-callable securities linked to AMD and NVIDIA stock, with a contingent coupon rate of at least 18.55% per annum, monthly calculation, a 60% barrier, and an initial estimated value of $915.00 to $965.00 per $1,000 Security.