Summary
Wells Fargo & Company filed an 8-K on May 30, 2018, to report the issuance of new financial instruments: Medium-Term Notes, Series S, Principal at Risk Securities Linked to the Lowest Performing of the S&P 500® Index and the Russell 2000® Index due May 30, 2023. This filing primarily serves to provide investors and interested parties with the documentation related to these specific notes. The key purpose of this report is the inclusion of the form of the Note itself and the legal opinion from Faegre Baker Daniels LLP regarding these securities, along with their consent. Investors interested in this specific issuance will find the details of the note's structure, risk factors, and the legal framework surrounding it within the provided exhibits.
Key Highlights
- 1Wells Fargo issued new "Medium-Term Notes, Series S, Principal at Risk Securities" maturing on May 30, 2023.
- 2These notes are linked to the performance of the lowest performing of the S&P 500® Index and the Russell 2000® Index.
- 3The filing is an 8-K Current Report, indicating a material event for the company.
- 4The primary purpose of the filing is to provide the form of the Note for public access.
- 5A legal opinion from Faegre Baker Daniels LLP concerning the Notes is included as an exhibit.
- 6The consent of Faegre Baker Daniels LLP is also filed, as required for the legal opinion.
- 7This filing is related to a Registration Statement on Form S-3 previously filed by Wells Fargo.