Summary
This Form 8-K filing by Wells Fargo & Company (WFC) on October 20, 2016, primarily serves to disclose the issuance of new Medium-Term Notes, Series K. Specifically, the company issued notes due in October 2018 and notes linked to the 10-Year Constant Maturity Swap Rate due in October 2026. This filing is in connection with a previously filed Registration Statement on Form S-3. The purpose of this report is to provide investors with the official documentation for these new debt offerings, including the forms of the notes themselves and a legal opinion from Faegre Baker Daniels LLP regarding the validity and legal standing of these instruments. Investors interested in WFC's debt structure and ongoing financing activities will find this information relevant.
Key Highlights
- 1Wells Fargo & Company issued new Medium-Term Notes, Series K, on October 20, 2016.
- 2The issuance includes notes maturing on October 20, 2018.
- 3The issuance also includes notes linked to the 10-Year Constant Maturity Swap Rate, maturing on October 20, 2026.
- 4This filing is related to a Registration Statement on Form S-3 previously filed by WFC.
- 5The report includes the forms of the issued notes as exhibits.
- 6A legal opinion from Faegre Baker Daniels LLP concerning the Notes is provided as an exhibit.
- 7The consent of Faegre Baker Daniels LLP is also included, confirming their role in the legal opinion.