8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jan 24, 2013)

Filed January 24, 2013For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed a Current Report on Form 8-K on January 24, 2013, to disclose the issuance of $100,000,000 of Medium-Term Notes, Series L, Floating Rate Notes. This filing's primary purpose is to include the legal opinion from Faegre Baker Daniels LLP regarding the validity and enforceability of these Notes, as required in connection with a previously filed Registration Statement on Form S-3 (File No. 333-180989). For investors, this report signifies a routine debt issuance. The inclusion of the legal opinion provides assurance regarding the proper structuring and legal standing of the issued notes. While this 8-K doesn't contain new financial performance data or strategic shifts, it confirms Wells Fargo's ongoing access to capital markets and its ability to raise funds through debt instruments. Investors interested in the specifics of this debt issuance should refer to the related registration statement and the filed exhibits, particularly the legal opinion.

Key Highlights

  • 1Wells Fargo & Company issued $100,000,000 in Medium-Term Notes, Series L, Floating Rate Notes.
  • 2The issuance occurred on January 23, 2013.
  • 3This Form 8-K filing's primary purpose is to include a legal opinion from Faegre Baker Daniels LLP.
  • 4The legal opinion relates to the validity and enforceability of the issued Notes.
  • 5The filing is in connection with a Registration Statement on Form S-3 previously filed by Wells Fargo.
  • 6This event highlights Wells Fargo's continued access to debt capital markets.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally submit the legal opinion from Faegre Baker Daniels LLP concerning the $100,000,000 Medium-Term Notes, Series L, Floating Rate Notes that Wells Fargo & Company issued. This is a standard requirement for such debt issuances, especially when tied to a registration statement.

No, this particular 8-K filing does not provide new financial results or performance information. It is solely focused on disclosing the issuance of debt and filing the accompanying legal opinion.

The legal opinion from Faegre Baker Daniels LLP provides an independent assessment that the Notes have been legally authorized, executed, and delivered, and that they represent valid and binding obligations of Wells Fargo & Company. This offers investors assurance regarding the legal standing of their investment in these Notes.

More details about these Medium-Term Notes can be found by referencing the Registration Statement on Form S-3 (File No. 333-180989) previously filed by Wells Fargo & Company with the SEC. The exhibits to this 8-K, particularly the legal opinion, also provide specific information related to the Notes.