8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Sep 29, 2017)

Filed September 29, 2017For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed an 8-K report on September 29, 2017, primarily to disclose the issuance of new financial instruments. Specifically, the company issued three series of Medium-Term Notes, Series K, which are structured as "Principal at Risk Securities." These notes are linked to the performance of various major stock market indices, including the S&P 500®, Russell 2000®, and EURO STOXX 50®. The purpose of the filing is to provide investors with the official documentation for these notes, including the forms of the notes themselves and a legal opinion from Faegre Baker Daniels LLP. This disclosure is important for understanding the specific terms, risks, and potential returns associated with these new debt instruments, which have a maturity date of September 30, 2027.

Key Highlights

  • 1Wells Fargo issued new "Principal at Risk Securities" structured as Medium-Term Notes, Series K.
  • 2The notes are linked to the performance of the S&P 500®, Russell 2000®, and/or EURO STOXX 50® indices.
  • 3These are "Principal at Risk Securities," indicating that the principal investment is subject to loss based on market performance.
  • 4The issuance includes three distinct note series with a maturity date of September 30, 2027.
  • 5The filing includes the official forms of these notes as exhibits.
  • 6A legal opinion from Faegre Baker Daniels LLP regarding the notes is also filed.
  • 7This filing is in connection with a previously filed Registration Statement on Form S-3.

Frequently Asked Questions

Principal at Risk Securities are investment products where the investor's principal amount is at risk. This means that the amount of principal returned at maturity may be less than the initial investment, depending on the performance of the underlying asset or index, which in this case are stock market indices.

The primary purpose of this 8-K filing is to officially disclose the terms and documentation related to the issuance of new Medium-Term Notes, Series K. It makes available the forms of these notes and a legal opinion to investors.

The performance of these Medium-Term Notes is linked to the performance of one or more of the following stock market indices: the S&P 500® Index, the Russell 2000® Index, and the EURO STOXX 50® Index. The specific indices vary among the three issued note series.

These Medium-Term Notes, Series K, have a maturity date of September 30, 2027.