Summary
Wells Fargo & Company (WFC) filed a Form 8-K on November 21, 2011, to disclose the issuance of Medium-Term Notes, Series K, Notes Linked to 3 Month LIBOR due May 21, 2015. This filing primarily serves to provide the necessary documentation and legal opinions related to this debt offering as part of a previously filed Registration Statement on Form S-3. Investors interested in the specifics of this debt issuance will find the form of the note, as well as legal opinions from Faegre & Benson LLP and Sullivan & Cromwell LLP, appended to this report.
Key Highlights
- 1Wells Fargo & Company issued Medium-Term Notes, Series K, due May 21, 2015.
- 2The notes are linked to the 3-Month LIBOR interest rate.
- 3This 8-K filing is primarily for documentation purposes related to a previous Form S-3 registration statement.
- 4Key exhibits include the form of the note, legal opinions on the notes, and consents from legal counsel.
- 5The filing provides transparency on the terms and legal standing of this specific debt issuance.
- 6The issuance date of the notes was November 21, 2011.
Frequently Asked Questions
Wells Fargo & Company issued Medium-Term Notes, Series K, which are debt securities.
The notes are due on May 21, 2015, and the interest rate is linked to the 3-Month LIBOR.
This 8-K is being filed to provide the form of the note, along with legal opinions from external counsel, as required by regulations for debt issuances made under a previous registration statement (Form S-3).
The specific terms and conditions of the notes are detailed in Exhibit 4.1 (Form of Medium-Term Notes), and the legal opinions regarding the notes are provided in Exhibits 5.1 and 8.1.