Summary
This Form 8-K filing by Wells Fargo & Company on June 26, 2012, primarily serves to disclose the issuance of new debt securities. Specifically, the company issued Medium-Term Notes, Series K, which are securities linked to the Russell 2000® Index and mature on June 26, 2014. As this is a debt issuance, investors should note that it represents an expansion of Wells Fargo's borrowing. The filing includes the form of the note, legal opinions from Faegre Baker Daniels LLP, and tax opinions from Sullivan & Cromwell LLP. These documents provide details on the terms and legal standing of the newly issued notes.
Key Highlights
- 1Wells Fargo & Company issued Medium-Term Notes, Series K, on June 25, 2012.
- 2These notes are linked to the performance of the Russell 2000® Index.
- 3The maturity date for these notes is June 26, 2014.
- 4The filing includes the official form of the Medium-Term Notes.
- 5Legal opinions from Faegre Baker Daniels LLP regarding the notes are attached.
- 6Tax opinions from Sullivan & Cromwell LLP, Wells Fargo's special tax counsel, are also included.