03/16/2026 | Press release | Distributed by Public on 03/16/2026 15:16
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Issuer:
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BofA Finance LLC ("BofA Finance")
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Guarantor:
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Bank of America Corporation ("BAC")
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Term:
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Approximately 3 years, unless previously automatically called.
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Underlying Stocks:
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The common stock of Celsius Holdings, Inc. (NASDAQ Capital Market symbol: "CELH"), the Class A common stock of CrowdStrike Holdings, Inc. (Nasdaq Global Select Market symbol: "CRWD") and the common stock of e.l.f. Beauty, Inc. (New York Stock Exchange ("NYSE") symbol: "ELF").
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Pricing and Issue Dates*:
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March 24, 2026 and March 27, 2026, respectively.
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Observation Dates*:
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Monthly. Please see the Preliminary Pricing Supplement for further details.
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Coupon Barrier:
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60% of the Starting Value.
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Threshold Value:
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60% of the Starting Value.
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Call Value:
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75% of the Starting Value.
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Contingent Coupon Payment*:
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If, on any monthly Observation Date, the Observation Value of each Underlying Stock is greater than or equal to its Coupon Barrier, we will pay a Contingent Coupon Payment of $27.50 per $1,000 in principal amount of Notes (equal to a rate of at least 2.75% per month or at least 33.00% per annum) on the applicable Contingent Payment Date (including the Maturity Date).
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Automatic Call:
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Beginning with the September 24, 2026 Call Observation Date, all (but not less than all) of the Notes will be automatically called if the Observation Value of each Underlying Stock is greater than or equal to its Call Value on any Call Observation Date. If the Notes are automatically called, the Early Redemption Amount will be paid on the applicable Contingent Payment Date. No further amounts will be payable following an Automatic Call.
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Early Redemption Amount:
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For each $1,000 principal amount of Notes, $1,000 plus the applicable Contingent Coupon Payment.
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Initial Estimated Value Range:
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$890.00 - $940.00 per $1,000 in principal amount of Notes.
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CUSIP:
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09711QG49.
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Preliminary Pricing Supplement:
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* Subject to change prior to the Pricing Date.
† Subject to adjustment. Please see the Preliminary Pricing Supplement for further details.
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Underlying Stock Return of the Least Performing Underlying Stock
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Redemption
Amount per Note |
Return
on the Notes |
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60.00%
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$1,027.50
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2.75%
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50.00%
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$1,027.50
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2.75%
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40.00%
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$1,027.50
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2.75%
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30.00%
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$1,027.50
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2.75%
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20.00%
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$1,027.50
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2.75%
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10.00%
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$1,027.50
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2.75%
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5.00%
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$1,027.50
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2.75%
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2.00%
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$1,027.50
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2.75%
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0.00%
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$1,027.50
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2.75%
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-10.00%
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$1,027.50
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2.75%
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-20.00%
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$1,027.50
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2.75%
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-30.00%
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$1,027.50
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2.75%
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-40.00%(2)
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$1,027.50
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2.75%
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-40.01%
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$599.90
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-40.01%
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-100.00%
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$0.000
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-100.00%
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(1)
The "Return on the Notes" is calculated based on the Redemption Amount and potential final Contingent Coupon Payment, not including any Contingent Coupon Payments paid prior to maturity.
(2)
This is the Underlying Stock Return which corresponds to the Coupon Barrier and the Threshold Value of the Least PerformingUnderlying Stock.
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Your investment may result in a loss; there is no guaranteed return of principal.
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Your return on the Notes is limited to the return represented by the Contingent Coupon Payments, if any, over the term of the Notes.
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The Notes are subject to a potential Automatic Call, which would limit your ability to receive the Contingent Coupon Payments over the full term of the Notes.
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You may not receive any Contingent Coupon Payments.
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Your return on the Notes may be less than the yield on a conventional debt security of comparable maturity.
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The Contingent Coupon Payment, Early Redemption Amount or Redemption Amount, as applicable, will not reflect changes in the prices of the Underlying Stocks other than on the Observation Dates or Call Observation Dates, as applicable.
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Because the Notes are linked to the least performing (and not the average performance) of the Underlying Stocks, you may not receive any return on the Notes and may lose a significant portion or all of your investment in the Notes even if the Observation Value or Ending Value of one Underlying Stock is greater than or equal to its Coupon Barrier or Threshold Value, as applicable.
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Any payments on the Notes are subject to our credit risk and the credit risk of the Guarantor, and any actual or perceived changes in our or the Guarantor's creditworthiness are expected to affect the value of, or any amounts payable on, the Notes.
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We are a finance subsidiary and, as such, have no independent assets, operations, or revenues.
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The public offering price you pay for the Notes will exceed their initial estimated value.
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The initial estimated value does not represent a minimum or maximum price at which we, BAC, BofAS or any of our other affiliates would be willing to purchase your Notes in any secondary market (if any exists) at any time.
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We cannot assure you that a trading market for your Notes will ever develop or be maintained.
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Trading and hedging activities by us, the Guarantor and any of our other affiliates, including BofAS, may create conflicts of interest with you and may adversely affect your return on the Notes and their market value.
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There may be potential conflicts of interest involving the calculation agent, which is an affiliate of ours.
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The terms of the Notes will not be adjusted for all corporate events that could affect an issuer of an Underlying Stock.
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The U.S. federal income tax consequences of an investment in the Notes are uncertain, and may be adverse to a holder of the Notes.
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