Summary
This Wells Fargo & Company (WFC) 8-K filing from October 30, 2018, is primarily informational, detailing the issuance of new debt securities. Specifically, the company has issued two series of Medium-Term Notes: Series S, which are Principal at Risk Securities linked to the performance of the S&P 500®, Russell 2000®, and Nasdaq-100® indices, and Series T Notes. Both series mature on October 30, 2023. Investors should note that this filing is not an offering of these securities but rather serves to provide the documentation related to their issuance. The filing includes the forms of the notes themselves and the legal opinion from Faegre Baker Daniels LLP concerning these notes. This is a routine disclosure related to the company's ongoing financing activities and its registration statement on Form S-3.
Key Highlights
- 1Wells Fargo issued two new series of Medium-Term Notes on October 30, 2018.
- 2Series S Notes are Principal at Risk Securities linked to the performance of three major stock indices (S&P 500®, Russell 2000®, Nasdaq-100®).
- 3Series T Notes are standard Medium-Term Notes.
- 4Both series of notes have a maturity date of October 30, 2023.
- 5The filing includes the official forms of these notes and a legal opinion from Faegre Baker Daniels LLP.
- 6This 8-K filing is a disclosure of previously issued securities, not an offering document.