Summary
Wells Fargo & Company (WFC) filed an 8-K on February 15, 2012, to report on the issuance of Medium-Term Notes, Series K, Notes Linked to 3 Month LIBOR due February 15, 2017. This filing serves to provide the necessary documentation for investors regarding this specific debt issuance. The primary purpose of this report is to make publicly available the form of the Notes themselves, along with legal opinions from both external counsel (Faegre Baker Daniels LLP) and Wells Fargo's special tax counsel (Sullivan & Cromwell LLP). These legal opinions are crucial for confirming the validity, terms, and tax implications of the issued notes, offering transparency and assurance to potential and existing bondholders.
Key Highlights
- 1Wells Fargo issued Medium-Term Notes, Series K, with a maturity date of February 15, 2017.
- 2These notes are linked to the 3-month LIBOR interest rate.
- 3The filing is an 8-K Current Report, indicating an important event for the company.
- 4The report includes the form of the actual Notes being issued.
- 5Legal opinions from Faegre Baker Daniels LLP concerning the Notes are included.
- 6Tax opinions from Sullivan & Cromwell LLP, Wells Fargo's special tax counsel, are also provided.
- 7This filing is related to a Registration Statement on Form S-3 previously filed by Wells Fargo.