Summary
Wells Fargo & Company (WFC) filed an 8-K on October 7, 2004, to report on the issuance of its Basket Linked Notes due October 7, 2009. This filing includes the form of the note itself and the consent of Wells Fargo's special tax counsel, Faegre & Benson LLP, regarding its role in the prospectus supplement for this issuance. Investors should note that this 8-K primarily serves as a formal disclosure of a specific debt instrument. The Basket Linked Notes are a type of financial product whose return is tied to the performance of an underlying basket of assets, though the specifics of this basket are not detailed in this particular filing. The inclusion of the tax counsel's consent indicates the structured nature of this offering and its reliance on tax opinion for investors.
Key Highlights
- 1Wells Fargo & Company issued Basket Linked Notes due October 7, 2009.
- 2The filing date was October 7, 2004.
- 3The 8-K includes the form of the Note for the Basket Linked Notes.
- 4The filing also includes the consent of Faegre & Benson LLP, special tax counsel.
- 5Faegre & Benson LLP's consent relates to its use in the prospectus supplement concerning U.S. Federal Income Tax Consequences.
- 6This report is filed in connection with a Registration Statement on Form S-3.