Summary
Wells Fargo & Company (WFC) filed a Form 8-K on December 2, 2009, to report the issuance of its Notes Linked to the iShares® MSCI EAFE Index Fund due December 7, 2011. This filing is primarily to make the related documentation publicly available as part of a Registration Statement on Form S-3. For investors, the key takeaway is the introduction of a new financial product, the Notes Linked to the iShares® MSCI EAFE Index Fund. While the 8-K itself does not provide detailed financial performance or terms of the notes beyond their maturity date, it signifies an action by Wells Fargo to offer investment products tied to international equity market performance (specifically, the MSCI EAFE Index, which tracks developed market equities in Europe, Australasia, and the Far East). Investors interested in this product should refer to the full Registration Statement and offering documents for comprehensive details on risk, return, and structure.
Key Highlights
- 1Wells Fargo & Company (WFC) issued Notes Linked to the iShares® MSCI EAFE Index Fund.
- 2The notes have a maturity date of December 7, 2011.
- 3This 8-K filing is primarily to disclose the form of the note and related legal/tax opinions.
- 4The issuance is connected to a Registration Statement on Form S-3 (File No. 333-159736).
- 5The notes are linked to the performance of the iShares® MSCI EAFE Index Fund, representing international developed market equities.
- 6Legal opinions from Mary E. Schaffner, Esq. and tax opinions from Sullivan & Cromwell LLP are included as exhibits.