Summary
Wells Fargo & Company (WFC) filed an 8-K on June 29, 2015, to report the issuance of new debt instruments. Specifically, the company issued Medium-Term Notes, Series K, Principal at Risk Securities Linked to the iShares® MSCI Emerging Markets ETF, with a maturity date of June 28, 2018. This filing is made in connection with a previously filed Registration Statement on Form S-3. The primary purpose of this 8-K is to formally file the documentation related to this debt issuance, including the form of the Note itself and a legal opinion from Faegre Baker Daniels LLP regarding these securities. Investors should note that these are "Principal at Risk Securities," indicating a potential loss of principal based on the performance of the underlying iShares® MSCI Emerging Markets ETF.
Key Highlights
- 1Wells Fargo issued new Medium-Term Notes, Series K.
- 2These notes are structured as "Principal at Risk Securities."
- 3The performance of the notes is linked to the iShares® MSCI Emerging Markets ETF.
- 4The maturity date for these notes is June 28, 2018.
- 5The filing includes the form of the Note and a legal opinion from Faegre Baker Daniels LLP.
- 6This issuance is related to a prior Form S-3 registration statement.