Summary
Wells Fargo & Company (WFC) filed a Form 8-K on October 18, 2012, to disclose the issuance of Medium-Term Notes, Series K, which are securities linked to the S&P 500® Index and mature on April 20, 2015. This filing primarily serves to provide the details of these new debt instruments to investors and the regulatory body. The primary purpose of this report is to formally submit the associated legal documentation, including the form of the note itself and opinions from legal counsel regarding the issuance.
Key Highlights
- 1Wells Fargo & Company issued Medium-Term Notes, Series K.
- 2These notes are linked to the performance of the S&P 500® Index.
- 3The maturity date for these notes is April 20, 2015.
- 4The filing includes the form of the Medium-Term Notes, Series K.
- 5Legal opinions from Faegre Baker Daniels LLP and Sullivan & Cromwell LLP regarding the notes are also part of the filing.
- 6The issuance is related to a Registration Statement on Form S-3 previously filed by Wells Fargo & Company.
Frequently Asked Questions
The main purpose of this 8-K filing is to officially report the issuance of new debt securities, specifically Medium-Term Notes, Series K, linked to the S&P 500® Index, and to provide the necessary legal documentation and opinions associated with this issuance.
These Medium-Term Notes, Series K, are linked to the S&P 500® Index, meaning their return is tied to the performance of this stock market index. They have a maturity date of April 20, 2015.
The filing includes the specific form of the Medium-Term Notes, Series K, an opinion from Faegre Baker Daniels LLP regarding the notes, and an opinion from Sullivan & Cromwell LLP, Wells Fargo's special tax counsel, concerning the notes. Consents from both law firms are also provided.
The issuance of these Medium-Term Notes is connected to a Registration Statement on Form S-3 (File No. 333-180728) that Wells Fargo & Company had previously filed with the SEC.