Summary
This 8-K filing from Wells Fargo & Company (WFC), dated May 21, 2015, primarily serves to disclose the details of a significant debt issuance. The company issued CAD 1,000,000,000 in Subordinated Medium-Term Notes, Series O, with a fixed interest rate of 3.874%, maturing in 2025. This filing includes the official form of these notes and the legal opinion from Faegre Baker Daniels LLP, confirming the validity of the issuance.
Key Highlights
- 1Wells Fargo & Company issued CAD 1,000,000,000 in Subordinated Medium-Term Notes.
- 2The notes are designated as Series O, Fixed Rate Notes.
- 3The fixed interest rate for these notes is 3.874%.
- 4The maturity date for these notes is in 2025.
- 5This filing includes the official form of the notes as an exhibit.
- 6A legal opinion from Faegre Baker Daniels LLP regarding the notes is also filed.