8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jan 4, 2017)

Filed January 4, 2017For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

This Form 8-K filing by Wells Fargo & Company on January 4, 2017, primarily serves to report the issuance of several new Medium-Term Notes, Series K. These notes are structured as "Principal at Risk Securities," meaning their principal repayment is linked to the performance of various underlying indices and ETFs, including the S&P 500® Index, Russell 2000® Index, EURO STOXX 50® Index, and specific sector ETFs. Investors should note that these are structured products where the return of principal is not guaranteed and is subject to market performance.

Key Highlights

  • 1Wells Fargo issued new Medium-Term Notes, Series K, on January 4, 2017.
  • 2These notes are categorized as 'Principal at Risk Securities,' indicating that the principal amount is subject to loss based on market performance.
  • 3The notes are linked to various underlying assets including the SPDR® S&P 500® ETF Trust, the S&P 500® Index, the Russell 2000® Index, the EURO STOXX 50® Index, the Financial Select Sector SPDR® Fund, and an ETF basket.
  • 4Maturity dates for these notes range from July 5, 2019, to January 4, 2022.
  • 5The filing includes the forms of these specific Medium-Term Notes as exhibits.
  • 6An opinion from Faegre Baker Daniels LLP regarding the Notes is also filed as part of the documentation.

Frequently Asked Questions

Principal at Risk Securities are financial instruments where the investor may lose a portion or all of their initial investment if the underlying asset or index performs unfavorably. The return of principal is not guaranteed and is contingent on the performance of the linked securities.

Wells Fargo is filing these notes as part of its ongoing debt issuance program. This 8-K filing provides disclosure of the terms and conditions of these new note issuances, which are structured products tied to market performance.

Faegre Baker Daniels LLP is an external law firm. Their opinion is included to provide legal assurance regarding the structure and issuance of these Notes, which is a standard practice for such financial instruments.

No, these are 'Principal at Risk Securities.' This means the return of your principal is dependent on the performance of the underlying assets (indices and ETFs). If these underlying assets decline significantly, you could lose a portion or all of your principal investment.