Summary
This Form 8-K filing from Wells Fargo & Company on December 15, 2015, pertains to the issuance of new financial instruments, specifically Medium-Term Notes, Series K, Principal at Risk Securities. These notes are linked to the performance of two distinct indices: the iShares® MSCI Emerging Markets ETF and the S&P 500® Index. The notes have a maturity date of December 15, 2017. Investors should note that these are 'Principal at Risk Securities,' indicating that the return of principal is not guaranteed and is subject to the performance of the underlying indices. The filing includes the forms of these notes and an accompanying legal opinion from Faegre Baker Daniels LLP, confirming the legal aspects of the issuance. This report primarily serves to provide transparency and make these associated documents publicly available.
Key Highlights
- 1Wells Fargo issued Medium-Term Notes, Series K, Principal at Risk Securities on December 15, 2015.
- 2The notes are linked to the performance of the iShares® MSCI Emerging Markets ETF.
- 3The notes are also linked to the performance of the S&P 500® Index.
- 4These securities have a maturity date of December 15, 2017.
- 5The securities are classified as 'Principal at Risk Securities,' meaning the principal is not guaranteed.
- 6The filing includes the official forms of the notes being issued.
- 7A legal opinion from Faegre Baker Daniels LLP regarding the notes is also filed.