8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jun 22, 2016)

Filed June 22, 2016For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed an 8-K on June 22, 2016, to report the issuance of various Medium-Term Notes, Series K. These notes are structured as "Principal at Risk Securities" and are linked to the performance of specific equity indices, including the Russell 2000®, S&P 500®, EURO STOXX 50®, and MSCI EAFE® Index. The filing primarily serves to disclose the forms of these notes and an accompanying legal opinion from Faegre Baker Daniels LLP, as part of a related Registration Statement on Form S-3.

Key Highlights

  • 1Wells Fargo issued new "Medium-Term Notes, Series K" on June 21, 2016.
  • 2These notes are classified as "Principal at Risk Securities", meaning investors could lose a portion or all of their principal.
  • 3The performance of these notes is directly linked to the performance of various well-known equity indices, including the Russell 2000®, S&P 500®, EURO STOXX 50®, and MSCI EAFE®.
  • 4The filing includes specific maturity dates for these notes, ranging from June 2022 to June 2031.
  • 5The purpose of the 8-K filing is to provide the specific forms of these notes and a legal opinion from Faegre Baker Daniels LLP.
  • 6This issuance is part of a broader Registration Statement on Form S-3 filed by Wells Fargo.

Frequently Asked Questions

Principal at Risk Securities are investment products where the potential return is linked to an underlying asset or index, but the investor's principal is also at risk. If the underlying index performs poorly, the investor may lose a portion or all of their initial investment.

The notes issued are linked to the performance of the Russell 2000® Index, the S&P 500® Index, the EURO STOXX 50® Index, and the MSCI EAFE® Index, or a combination thereof.

The purpose of this filing is to officially disclose the specific legal documentation (forms of the notes) and an independent legal opinion regarding these securities to investors and the SEC, as required for offerings under a Registration Statement.

The maturity dates vary depending on the specific note, with terms ranging from June 23, 2022, to June 26, 2031.