8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Mar 9, 2017)

Filed March 9, 2017For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed an 8-K on March 9, 2017, primarily to disclose the issuance of Medium-Term Notes, Series K. These notes are structured as "Principal at Risk Securities" and are linked to the performance of the S&P 500® Index. The filing includes the forms of these specific notes and a legal opinion from Faegre Baker Daniels LLP concerning them, as filed in connection with a Form S-3 Registration Statement. From an investor's perspective, this filing indicates the company's ongoing activity in the debt markets, specifically offering structured notes. The "Principal at Risk" nature of these securities means that investors could lose a portion or all of their principal investment if the linked index (S&P 500®) performs poorly. While this filing itself doesn't provide financial performance data, it highlights a product offering that carries specific risks tied to market volatility.

Key Highlights

  • 1Wells Fargo issued Medium-Term Notes, Series K, on March 8, 2017.
  • 2These notes are classified as "Principal at Risk Securities," meaning principal loss is possible.
  • 3The performance of these notes is directly linked to the S&P 500® Index.
  • 4The filing includes the specific forms of the issued notes.
  • 5A legal opinion from Faegre Baker Daniels LLP regarding the notes is also filed.
  • 6This issuance is part of a larger Registration Statement on Form S-3 filed by Wells Fargo.

Frequently Asked Questions

Principal at Risk Securities are a type of investment where the return of the initial principal amount is not guaranteed. The investor may lose a portion or all of their principal if the underlying asset or index, in this case the S&P 500® Index, performs unfavorably.

These documents are filed as exhibits to the Form 8-K to provide transparency and regulatory compliance regarding the specific debt instruments (Notes) Wells Fargo is issuing. They are part of the required disclosures when offering securities to the public.

No, this particular 8-K filing is focused on the issuance of specific debt securities (Medium-Term Notes) and related documentation. It does not contain information about Wells Fargo's overall financial performance, earnings, or operational results.

Information about the S&P 500® Index, including its historical performance and methodology, can be found on the website of S&P Dow Jones Indices or through reputable financial news and data providers.