Summary
Wells Fargo & Company (WFC) filed a Form 8-K on March 17, 2015, primarily to disclose the issuance of Medium-Term Notes, Series K, Notes Linked to 3 Month LIBOR due March 17, 2023. This filing is in connection with a previously filed Registration Statement on Form S-3. The report includes the form of the Notes, as well as legal opinions from Faegre Baker Daniels LLP and Davis Polk & Wardwell LLP, the latter acting as special tax counsel.
Key Highlights
- 1Wells Fargo issued Medium-Term Notes, Series K, with a maturity date of March 17, 2023.
- 2These Notes are linked to 3-Month LIBOR, indicating a floating interest rate structure.
- 3The filing is an amendment to a previously filed Registration Statement on Form S-3.
- 4The report includes the official form of the Medium-Term Notes, Series K.
- 5Legal opinions from Faegre Baker Daniels LLP regarding the Notes are provided.
- 6Legal opinions from Davis Polk & Wardwell LLP, Wells Fargo's special tax counsel, regarding the Notes are also included.
Frequently Asked Questions
The primary purpose of this 8-K filing is to officially report the issuance of specific debt securities, namely the Medium-Term Notes, Series K, Notes Linked to 3 Month LIBOR due March 17, 2023. It also serves to file related documentation, including legal opinions.
The Notes are designated as Medium-Term Notes, Series K, are linked to the 3-Month LIBOR rate, and have a maturity date of March 17, 2023.
The filing includes an opinion from Faegre Baker Daniels LLP and a separate opinion from Davis Polk & Wardwell LLP, which acted as Wells Fargo's special tax counsel concerning these Notes.
Yes, this filing formally announces the issuance of these Medium-Term Notes and provides the necessary documentation and legal assurances as required by securities regulations. It is related to a broader shelf registration.