8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jul 23, 2015)

Filed July 23, 2015For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company filed an 8-K report on July 23, 2015, to disclose the issuance of new financial instruments: Medium-Term Notes, Series K. These notes are structured as "Principal at Risk Securities," meaning their value and repayment are directly tied to the performance of specific market indices. Specifically, two types of notes were issued: one linked to the S&P 500® Index and another linked to the MSCI EAFE Index®. This filing serves primarily to make the official documentation for these new note offerings publicly available. Investors interested in these particular securities should review the forms of the notes and the legal opinion provided by Faegre Baker Daniels LLP, which are included as exhibits to this report. The filing itself does not contain detailed financial performance information but rather the legal and structural framework for these complex debt instruments.

Key Highlights

  • 1Wells Fargo & Company issued Medium-Term Notes, Series K on July 23, 2015.
  • 2The issued notes are structured as 'Principal at Risk Securities'.
  • 3The performance and value of these notes are linked to the S&P 500® Index.
  • 4Another series of notes is linked to the MSCI EAFE Index®.
  • 5The filing includes the forms of these Medium-Term Notes as exhibits.
  • 6A legal opinion from Faegre Baker Daniels LLP regarding the notes is also filed.
  • 7The purpose of the filing is to provide public access to the documentation for these note issuances.

Frequently Asked Questions

'Principal at Risk Securities' are a type of investment where the repayment of the principal amount is not guaranteed and is subject to the performance of an underlying asset, index, or other benchmark. If the benchmark performs poorly, investors may lose a portion or all of their principal investment.

The S&P 500® Index is a stock market index representing 500 of the largest publicly traded companies in the United States, widely used as a benchmark for the U.S. stock market. The MSCI EAFE Index® (Europe, Australasia, and Far East) is a stock market index that represents the performance of large and mid-cap equities in developed countries, excluding the U.S. and Canada.

More details about these specific notes can be found in the exhibits filed with this 8-K report. Specifically, Exhibits 4.1 and 4.2 contain the forms of the Medium-Term Notes, Series K, linked to the S&P 500® Index and the MSCI EAFE Index®, respectively. Exhibit 5.1 provides the legal opinion from Faegre Baker Daniels LLP.

No, this particular 8-K filing (Item 9.01) is not related to Wells Fargo's overall financial performance. It solely serves to file the documentation for the issuance of specific financial products, namely the Medium-Term Notes, Series K, as 'Principal at Risk Securities'.