Summary
This 8-K filing by Wells Fargo & Company (WFC) on August 31, 2011, primarily serves to disclose the issuance of new Medium-Term Notes, Series K. Two specific note series are detailed: one linked to 3 Month LIBOR maturing on August 31, 2016, and another maturing on August 31, 2018. The filing's purpose is to provide the legal documentation, including the forms of the notes themselves and the opinions of external legal counsel (Faegre & Benson LLP and Sullivan & Cromwell LLP) concerning these issuances.
Key Highlights
- 1Wells Fargo issued new Medium-Term Notes, Series K, on August 31, 2011.
- 2Two distinct note series were launched: one linked to 3 Month LIBOR and another standard maturity note.
- 3The LIBOR-linked notes mature on August 31, 2016.
- 4The second note series matures on August 31, 2018.
- 5The filing includes the official forms of these notes as exhibits.
- 6Legal opinions from Faegre & Benson LLP and Sullivan & Cromwell LLP regarding the notes are filed.
- 7This filing is related to a Registration Statement on Form S-3 previously filed by Wells Fargo.
Frequently Asked Questions
The primary purpose of this 8-K filing is to disclose the specifics of Wells Fargo's issuance of new Medium-Term Notes, Series K, and to file the associated legal documentation, including the note forms and legal opinions.
Wells Fargo issued two types of Medium-Term Notes, Series K: notes linked to a 3 Month LIBOR rate maturing in August 2016, and standard notes maturing in August 2018.
This filing includes the forms of the two Medium-Term Notes Series K, the legal opinion from Faegre & Benson LLP regarding the notes, and the tax opinion from Sullivan & Cromwell LLP regarding the notes, along with their respective consents.
Yes, these note issuances are related to a Registration Statement on Form S-3 (File No. 333-159738) that Wells Fargo had previously filed with the SEC.