8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Mar 31, 2014)

Filed March 31, 2014For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed a Form 8-K on March 31, 2014, primarily to disclose the issuance of two new series of Medium-Term Notes. These notes, designated as Series K, include "Principal at Risk Securities" linked to the S&P 500 Index due in 2019 and standard "Notes" due in 2024. This filing does not contain new financial results or significant operational updates but rather serves as a regulatory notification regarding these debt issuances. Investors should note that these are structured notes, and the "Principal at Risk Securities" have a specific risk profile tied to the performance of the S&P 500 Index.

Key Highlights

  • 1Wells Fargo issued new Medium-Term Notes, Series K, on March 31, 2014.
  • 2Two specific note series were issued: Principal at Risk Securities Linked to the S&P 500® Index due March 29, 2019.
  • 3The second note series is simply Notes due March 28, 2024.
  • 4The filing is a notification under Item 9.01 (Financial Statements and Exhibits) of Form 8-K.
  • 5The purpose of the filing is to include the forms of these Notes and legal opinions regarding them.
  • 6Legal opinions from Faegre Baker Daniels LLP and Davis Polk & Wardwell LLP (special tax counsel) are included as exhibits.
  • 7This report is related to a prior Registration Statement on Form S-3 (File No. 333-180728).

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose and provide the documentation for two new issuances of Wells Fargo's Medium-Term Notes, Series K, including legal opinions and the forms of the notes themselves.

No, this filing does not contain any new financial statements, earnings reports, or significant updates on the company's operations. It solely pertains to the issuance of specific debt securities.

The 'Principal at Risk Securities' are a type of structured note where the principal repayment is contingent on the performance of an underlying asset, in this case, the S&P 500 Index. If the index performance is unfavorable, investors could lose a portion or all of their principal investment.

The legal opinions were provided by Faegre Baker Daniels LLP regarding the Notes and Davis Polk & Wardwell LLP, who served as Wells Fargo & Company's special tax counsel for these Notes.