What are Medium-Term Notes, Series K?

Medium-Term Notes, Series K, are debt securities issued by Wells Fargo & Company with maturities typically ranging from a few years up to a decade. In this specific filing, these notes have their returns linked to the performance of various underlying assets such as commodity indices and exchange-traded funds (ETFs).

What specific indices or ETFs are these notes linked to?

The notes are linked to several investment vehicles, including the Dow Jones – UBS Commodity IndexSM, a Global ETF Basket, the iShares® MSCI Emerging Markets Index Fund, and the iShares® Russell 2000 Index Fund.

Does this filing provide information on the interest rates or yields of these notes?

No, this 8-K filing does not provide specific details on the interest rates, coupon payments, or yields of these Medium-Term Notes. It primarily serves to disclose the forms of the notes and the associated legal and tax opinions related to their issuance.

Where can I find more detailed financial information about these specific notes?

More detailed information, such as the specific terms, pricing, and performance expectations, would typically be found in the prospectus or offering memorandum associated with each note issuance, which may be referenced within the previously filed Registration Statement on Form S-3 (File No. 333-159738) or subsequent filings.

WELLS FARGO & COMPANY/MN 8-K SEC Disclosure

Summary

This Wells Fargo & Company 8-K filing from July 2011 primarily serves to disclose the forms of various Medium-Term Notes, Series K, that were issued. These notes are linked to different underlying assets, including commodity indices, global ETF baskets, and specific iShares ETFs (Emerging Markets and Russell 2000). The filing also includes supporting legal and tax opinions related to these issuances, provided by Faegre & Benson LLP and Sullivan & Cromwell, LLP. For investors, this filing indicates Wells Fargo's ongoing activity in the medium-term note market, offering debt instruments with returns tied to specific market indices and ETFs. While the filing itself doesn't detail the financial terms or performance of these notes, it points to the diversification of investment products available through the company and provides the legal framework and opinions supporting their issuance, which would be crucial for any potential investor in these specific notes.

Key Highlights

1Wells Fargo & Company issued new Medium-Term Notes, Series K, on or around July 5, 2011.
2The notes are structured with various underlying assets, including commodity indices (Dow Jones-UBS Commodity IndexSM), global ETF baskets, and specific iShares ETFs (MSCI Emerging Markets Index Fund, Russell 2000 Index Fund).
3Maturity dates for these notes range from January 2014 to January 2018.
4The filing includes the forms of these specific notes as exhibits.
5Legal opinions from Faegre & Benson LLP regarding the notes are provided.
6Tax opinions from Sullivan & Cromwell LLP, special tax counsel for Wells Fargo, are included.
7This filing is connected to a prior Registration Statement on Form S-3 (File No. 333-159738).

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jul 6, 2011)

Summary

Key Highlights

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