Summary
This Wells Fargo & Company (WFC) 8-K filing from January 5, 2011, primarily reports the issuance of various Medium-Term Notes, Series K, under a previously filed Registration Statement on Form S-3. These notes are linked to different market indices and baskets, including the Russell 2000® Index, a Real Estate Index Fund, a Currency Basket, Emerging Markets Index Fund, a Global ETF Basket, the S&P 500® Index, and a Commodity Basket, with maturities ranging from July 2013 to January 2017. The purpose of this filing is to make available the forms of these specific notes and the legal opinions from Mary E. Schaffner, Esq. and Sullivan & Cromwell LLP, Wells Fargo's special tax counsel. Investors should note that this report does not contain new financial statements or material events beyond the details of these note issuances. It serves to provide the documentation for these structured financial products.
Key Highlights
- 1Wells Fargo & Company issued multiple series of Medium-Term Notes (Series K) on January 5, 2011.
- 2The notes are linked to various market indices and baskets, including equity indices (Russell 2000®, S&P 500®), real estate, emerging markets, currency, global ETFs, and commodities.
- 3Maturity dates for these notes range from July 8, 2013, to January 6, 2017.
- 4The filing includes the specific forms of each note series as exhibits.
- 5Legal opinions from external counsel (Mary E. Schaffner, Esq.) and Wells Fargo's special tax counsel (Sullivan & Cromwell LLP) are provided for these issuances.
- 6This report is filed under Item 9.01 (Financial Statements and Exhibits) and relates to a prior Form S-3 Registration Statement.
- 7The primary purpose is to provide documentation for these debt securities and related legal assurances.