Summary
Wells Fargo & Company (WFC) filed an 8-K on March 11, 2016, to report the issuance of new Medium-Term Notes, Series K. These notes include Principal at Risk Securities linked to the Russell 2000 Index, standard notes due in 2036, and notes linked to 3-Month LIBOR due in 2019. The filing primarily serves to provide the official documentation and legal opinions related to these debt offerings as part of a broader registration statement.
Key Highlights
- 1Wells Fargo issued new Medium-Term Notes, Series K, on March 11, 2016.
- 2The issuance includes three distinct types of notes.
- 3One note type is Principal at Risk Securities linked to the performance of the Russell 2000 Index.
- 4Another note type is a fixed-maturity note due March 11, 2036.
- 5A third note type is linked to the 3-Month LIBOR interest rate and matures on March 11, 2019.
- 6The filing includes the forms of these notes and a legal opinion from Faegre Baker Daniels LLP.
- 7These filings are connected to a previously filed Registration Statement on Form S-3.
Frequently Asked Questions
The primary purpose of this 8-K filing is to formally report and provide the necessary documentation, including the forms of the notes and a legal opinion, for the issuance of new Medium-Term Notes, Series K, by Wells Fargo & Company.
Wells Fargo issued three types of Medium-Term Notes, Series K: Principal at Risk Securities linked to the Russell 2000 Index, Notes due March 11, 2036, and Notes Linked to 3-Month LIBOR due March 11, 2019.
Faegre Baker Daniels LLP provided the legal opinion regarding these Medium-Term Notes, Series K.
Yes, these notes are being filed in connection with a Registration Statement on Form S-3 (File No. 333-202840) previously filed by Wells Fargo & Company with the SEC.