What type of financial instrument did Wells Fargo & Company issue?

Wells Fargo & Company issued 'Annual Coupon Notes Linked to the Dow Jones Global Titans 50SM due July 30, 2010'. These are debt securities whose coupon payments and/or principal repayment are linked to the performance of the Dow Jones Global Titans 50SM index.

Why was this specific Form 8-K filed?

The primary purpose of this Form 8-K filing was to officially report and file the documentation related to the issuance of the aforementioned notes. This includes the specific form of the note and the consent from the company's special tax counsel.

What is the significance of the Dow Jones Global Titans 50SM index for these notes?

The Dow Jones Global Titans 50SM index is the benchmark upon which the coupon payments (and potentially the principal repayment, depending on the note's structure) of these notes are based. Investors are exposed to the performance of the 50 largest global companies as represented by this index.

Who is Faegre & Benson LLP and why is their consent important?

Faegre & Benson LLP is identified as Wells Fargo & Company's special tax counsel. Their consent is required to allow their name to be referenced in the prospectus supplement concerning the U.S. federal income tax consequences associated with investing in these notes. This lends credibility to the tax advice provided in the offering documents.

WELLS FARGO & COMPANY/MN 8-K SEC Disclosure

Summary

Wells Fargo & Company (WFC) filed a Form 8-K on February 3, 2005, to report the issuance of its Annual Coupon Notes Linked to the Dow Jones Global Titans 50SM due July 30, 2010. This filing primarily serves to provide the necessary documentation related to this specific debt instrument. The report includes the form of the Note itself and the consent of Wells Fargo's special tax counsel, Faegre & Benson LLP. The latter is included to allow the firm's name to be used in the prospectus supplement under the section discussing U.S. federal income tax consequences for investors in these notes.

Key Highlights

1Wells Fargo & Company issued new debt securities: Annual Coupon Notes Linked to the Dow Jones Global Titans 50SM.
2The maturity date for these notes is July 30, 2010.
3The filing is a Form 8-K, indicating a material event for the company.
4The purpose of the filing is to officially record the form of the note and related legal documentation.
5Faegre & Benson LLP, special tax counsel, provided consent for their name to be used in tax-related sections of offering documents.
6These notes are linked to the performance of the Dow Jones Global Titans 50SM index, suggesting a structured product offering.

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Feb 3, 2005)

Summary

Key Highlights

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