8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jun 30, 2011)

Filed June 30, 2011For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

This 8-K filing from Wells Fargo & Company, dated June 30, 2011, primarily serves to disclose the issuance of new debt instruments. Specifically, the company has issued Medium-Term Notes, Series K, which are linked to the 3-Month LIBOR rate. These notes have varying maturity dates: June 30, 2018, June 30, 2021, and June 30, 2016. The filing is not reporting any significant financial results, strategic changes, or material adverse events. Instead, its purpose is to provide the official documentation for these debt issuances, including the forms of the notes themselves and legal opinions from external counsel regarding their structure and tax implications. Investors interested in Wells Fargo's debt structure and its use of LIBOR-based instruments will find this filing informative regarding the terms and legal standing of these particular notes.

Key Highlights

  • 1Wells Fargo issued Medium-Term Notes, Series K, on June 30, 2011.
  • 2The notes are linked to the 3-Month LIBOR interest rate.
  • 3Three series of notes were issued with different maturity dates: 2016, 2018, and 2021.
  • 4The filing includes the official forms of these notes.
  • 5Legal opinions from Faegre & Benson LLP and Sullivan & Cromwell LLP regarding the notes are included.
  • 6This filing is primarily for disclosure of debt issuance documentation, not financial performance updates.

Frequently Asked Questions

The primary purpose of this 8-K filing is to publicly disclose the forms of the Medium-Term Notes, Series K, that Wells Fargo & Company issued on June 30, 2011, along with associated legal opinions. It serves as formal documentation for these debt issuances.

The Medium-Term Notes, Series K, are debt instruments issued by Wells Fargo, with their interest payments linked to the 3-Month LIBOR rate. They have staggered maturity dates in 2016, 2018, and 2021.

No, this filing does not provide any information on Wells Fargo's financial performance, earnings, or operational results. It is purely an informational filing related to the terms and legal aspects of newly issued debt securities.

The legal counsel involved are Faegre & Benson LLP, providing an opinion on the notes, and Sullivan & Cromwell LLP, Wells Fargo's special tax counsel, also providing an opinion.