Summary
This 8-K filing from Wells Fargo & Company (WFC) on June 18, 2018, relates to the issuance of new debt securities. Specifically, it concerns the filing of the form for Medium-Term Notes, Series S, Principal at Risk Securities. These notes are linked to the performance of the Russell 2000® Index and the iShares® MSCI EAFE ETF, with a maturity date of June 18, 2020. The filing primarily serves to provide the detailed documentation for these specific notes, including the form of the note itself and a legal opinion from Faegre Baker Daniels LLP regarding their issuance. For investors, this filing indicates the company is actively managing its capital structure through the issuance of structured debt products, the terms of which are now publicly available.
Key Highlights
- 1Wells Fargo & Company (WFC) filed an 8-K on June 18, 2018.
- 2The filing relates to the issuance of Medium-Term Notes, Series S, Principal at Risk Securities.
- 3These notes have a maturity date of June 18, 2020.
- 4The performance of the Notes is linked to the lowest performing of the Russell 2000® Index and the iShares® MSCI EAFE ETF.
- 5The filing includes the form of the Note as an exhibit.
- 6A legal opinion from Faegre Baker Daniels LLP regarding the Notes is also included.
- 7The filing is in connection with a Registration Statement on Form S-3.