Summary
This Wells Fargo & Company (WFC) 8-K filing from September 6, 2017, primarily serves to disclose the issuance of new debt securities: Medium-Term Notes, Series P, Notes Linked to 3 Month LIBOR due September 6, 2022. The filing includes the form of these notes and the legal opinion from Faegre Baker Daniels LLP regarding their issuance, as well as the consent of the legal counsel. This is a routine disclosure related to the company's ongoing financing activities and is filed in connection with a prior Registration Statement on Form S-3.
Key Highlights
- 1Wells Fargo & Company issued new Medium-Term Notes, Series P, Notes Linked to 3 Month LIBOR.
- 2These notes have a maturity date of September 6, 2022.
- 3The filing includes the official form of the Notes.
- 4A legal opinion from Faegre Baker Daniels LLP regarding the Notes is part of the filing.
- 5The company also filed the consent of Faegre Baker Daniels LLP.
- 6This issuance is in connection with a previously filed Registration Statement on Form S-3.
- 7The filing does not contain new financial statements or significant operational updates.
Frequently Asked Questions
The primary purpose of this filing is to publicly disclose the terms and legal opinions related to the issuance of new debt securities by Wells Fargo & Company, specifically Medium-Term Notes, Series P, Notes Linked to 3 Month LIBOR due September 6, 2022.
The newly issued notes are Medium-Term Notes, Series P, are linked to 3-Month LIBOR, and mature on September 6, 2022.
No, this filing is primarily administrative and focuses on the legal documentation and terms of a specific debt issuance. It does not contain new financial statements or significant updates on the company's operational performance.
The legal opinion regarding the Notes was provided by Faegre Baker Daniels LLP.