BAC · News · 20261001N
Structured Note Product Launch
BANK OF AMERICA CORP /DE/ · 2026-10-01 · Importance 31 · Surprise 42 · In source text
BofA Finance launched auto-callable market-linked securities tied to Apple, Meta Platforms, and NVIDIA shares. The notes mature on October 5, 2029, include contingent coupons and a memory feature, and are guaranteed by Bank of America Corporation. The securities carry principal-at-risk exposure, including potential loss of more than 40% or all principal if the notes are not called and the worst-performing reference stock falls below 60% of its starting price.
Key facts
- Bank of America Corporation is guaranteeing Market Linked Securities (auto-callable notes) issued by BofA Finance LLC tied to Apple, Meta Platforms, and NVIDIA, maturing on October 5, 2029, with a minimum annual contingent coupon rate of 16.05% and principal-at-risk where investors could lose over 40% or all principal if not called and the lowest performing stock falls below 60% of its Starting Price. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | — | Bank of America Corporation is guaranteeing Market Linked Securities (auto-callable notes) issued by BofA Finance LLC tied to Apple, Meta… |