Summary
This 8-K filing from Wells Fargo & Company, filed on May 14, 2013, primarily serves to disclose the details and accompanying legal documentation for a new issuance of Medium-Term Notes, Series K. These specific notes are linked to the 3-Month LIBOR rate and have a maturity date of May 14, 2018. The filing includes the form of the note itself, along with legal opinions from Faegre Baker Daniels LLP and Sullivan & Cromwell LLP, who acted as special tax counsel for Wells Fargo. The purpose is to provide transparency regarding this debt issuance as part of a previously filed Registration Statement on Form S-3.
Key Highlights
- 1Wells Fargo & Company issued Medium-Term Notes, Series K on May 13, 2013.
- 2The notes are linked to the 3-Month LIBOR interest rate.
- 3The maturity date for these notes is May 14, 2018.
- 4The filing includes the official form of the issued notes.
- 5Legal opinions from Faegre Baker Daniels LLP and Sullivan & Cromwell LLP regarding the notes are provided as exhibits.
- 6Sullivan & Cromwell LLP acted as special tax counsel for Wells Fargo on this issuance.
- 7This filing is in connection with a previously filed Registration Statement on Form S-3.
Frequently Asked Questions
The primary purpose of this 8-K filing is to officially disclose and provide the necessary legal documentation for a new issuance of Wells Fargo's Medium-Term Notes, Series K, which are linked to the 3-Month LIBOR.
These notes are designated as Series K, are linked to the 3-Month LIBOR interest rate, and have a maturity date of May 14, 2018.
Faegre Baker Daniels LLP provided a legal opinion regarding the notes, and Sullivan & Cromwell LLP, Wells Fargo's special tax counsel, also provided a tax opinion.
This filing indicates a new issuance of Medium-Term Notes, Series K, as part of Wells Fargo's shelf registration under Form S-3, allowing for ongoing debt offerings.