Summary
Wells Fargo & Company/MN (WFC) filed a Form 8-K on June 13, 2008, primarily to report on the issuance of $83,000,000 of Medium-Term Notes, Series G Floating Rate Notes. This filing is supplemental to a Registration Statement on Form S-3 previously filed by the company. The core purpose of this 8-K is to provide legal opinions regarding the Notes. Specifically, it includes the opinion of Mary E. Schaffner, Esq., concerning the legality and validity of these newly issued floating-rate notes. This is a standard procedural filing related to debt offerings, ensuring all necessary legal documentation is accessible to investors and regulatory bodies.
Key Highlights
- 1Wells Fargo & Company/MN issued $83,000,000 in Medium-Term Notes, Series G Floating Rate Notes on June 12, 2008.
- 2The filing is a Current Report (8-K) submitted on June 13, 2008.
- 3This 8-K is filed in connection with a Registration Statement on Form S-3 (File No. 333-135006).
- 4The primary purpose of the filing is to provide legal opinions regarding the issuance of the Notes.
- 5Exhibit 5.1 contains the Opinion of Mary E. Schaffner, Esq.
- 6Exhibit 23.1 contains the Consent of Mary E. Schaffner, Esq. (as part of Exhibit 5.1).
Frequently Asked Questions
The main purpose of this Form 8-K filing is to report the issuance of $83,000,000 of Medium-Term Notes, Series G Floating Rate Notes and to file the accompanying legal opinion from Mary E. Schaffner, Esq., confirming the validity of these notes.
Yes, this filing relates to a new debt issuance of $83,000,000 in floating rate notes by Wells Fargo & Company.
The attached exhibits are the Opinion of Mary E. Schaffner, Esq. (Exhibit 5.1) and the Consent of Mary E. Schaffner, Esq. (Exhibit 23.1, included as part of Exhibit 5.1), both pertaining to the legality of the issued Medium-Term Notes.
The Form S-3 is a registration statement that allows established companies to "shelf register" securities. This 8-K filing is supplemental to that registration, providing the necessary legal opinions for the specific notes being issued under the S-3 framework.