8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Mar 28, 2016)

Filed March 28, 2016For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company filed an 8-K on March 28, 2016, to report the issuance of Medium-Term Notes, Series K, Principal at Risk Securities Linked to the Russell 2000® Index. These notes are due on March 24, 2022. The filing primarily serves to provide the official documentation for this new debt issuance, including the form of the note itself and a legal opinion from Faegre Baker Daniels LLP. For investors, this 8-K signifies a new capital-raising activity by Wells Fargo. The "Principal at Risk" structure of these notes suggests they may offer higher potential returns but also carry a risk of principal loss tied to the performance of the Russell 2000® Index. Investors interested in this specific note issuance should review the detailed terms and conditions of the Notes and understand the associated risks before making any investment decisions.

Key Highlights

  • 1Wells Fargo & Company issued Medium-Term Notes, Series K on March 28, 2016.
  • 2The notes are Principal at Risk Securities, linked to the Russell 2000® Index.
  • 3The maturity date for these notes is March 24, 2022.
  • 4The purpose of the 8-K filing is to provide the form of the note and a legal opinion.
  • 5Faegre Baker Daniels LLP provided the legal opinion regarding the notes.
  • 6The filing is related to a Registration Statement on Form S-3 previously filed by Wells Fargo.

Frequently Asked Questions

Wells Fargo issued Medium-Term Notes, Series K, which are structured as Principal at Risk Securities linked to the Russell 2000® Index.

The notes are due to mature on March 24, 2022.

Securities classified as 'Principal at Risk' generally mean that the investor may lose some or all of their principal investment if certain conditions, often tied to the performance of an underlying index or asset, are not met. The specific details of how principal is at risk would be outlined in the form of the note.

This 8-K was filed to officially disclose the form of the Medium-Term Notes, Series K and the accompanying legal opinion from Faegre Baker Daniels LLP, as required by securities regulations for such issuances.