Summary
This 8-K filing by Wells Fargo & Company on August 30, 2013, primarily serves to report the issuance of Medium-Term Notes, Series K, specifically Notes Linked to 3 Month LIBOR due August 30, 2021. This filing is in conjunction with a previously filed Registration Statement on Form S-3 and includes the form of the note itself, along with legal opinions from Faegre Baker Daniels LLP and Sullivan & Cromwell LLP. For investors, this report indicates that Wells Fargo has engaged in debt financing through these medium-term notes. The specific terms, including the LIBOR linkage and maturity date, are detailed in the filed exhibits. The inclusion of legal opinions from reputable firms suggests a thorough review of the offering's legal and tax compliance, providing a degree of assurance for potential investors and stakeholders regarding the validity and structure of these notes.
Key Highlights
- 1Wells Fargo & Company issued Medium-Term Notes, Series K, on August 29, 2013.
- 2The Notes are linked to 3 Month LIBOR and have a maturity date of August 30, 2021.
- 3This filing is related to a Registration Statement on Form S-3 previously filed with the SEC.
- 4The filing includes the official form of the Medium-Term Notes, Series K.
- 5Legal opinions from Faegre Baker Daniels LLP and Sullivan & Cromwell LLP are provided regarding the Notes.
- 6The opinion from Sullivan & Cromwell LLP specifically addresses tax matters.
- 7Consents from both legal counsel firms are also included as exhibits.