Summary
This 8-K filing from Wells Fargo & Company on January 3, 2013, primarily serves to disclose the issuance of new financial instruments: Medium-Term Notes, Series K. These notes are linked to either the Dow Jones Industrial AverageSM or a Global ETF Basket, with a maturity date of January 8, 2020. The filing includes the forms of these notes and the legal opinions from Faegre Baker Daniels LLP and Wells Fargo's special tax counsel, Sullivan & Cromwell LLP, regarding these issuances. For investors, this report signifies Wells Fargo's continued activity in the debt markets with structured products. The linked nature of these notes suggests they are designed for investors seeking exposure to specific market indices or baskets with defined principal repayment terms. Investors should pay close attention to the specific terms, risks, and potential returns detailed within the forms of the Notes and the accompanying legal opinions to understand their investment profile.
Key Highlights
- 1Wells Fargo & Company issued new Medium-Term Notes, Series K.
- 2The notes are linked to the Dow Jones Industrial AverageSM.
- 3An alternative Series K note is linked to a Global ETF Basket.
- 4Both note issuances have a maturity date of January 8, 2020.
- 5The filing includes the official forms of these new notes.
- 6Legal opinions from Faegre Baker Daniels LLP and Sullivan & Cromwell LLP (special tax counsel) are provided.
- 7This filing is related to a Registration Statement on Form S-3 (File No. 333-180728).