Summary
Wells Fargo & Company/MN (WFC) filed an 8-K on November 7, 2018, primarily to disclose the issuance of two new series of Medium-Term Notes. These notes, Series S and Series T, are linked to specific financial instruments: Series S is tied to the Energy Select Sector SPDR® Fund, and Series T is linked to 3 Month LIBOR. This filing is part of a broader registration statement and serves to provide the official documentation for these debt instruments, including their forms and legal opinions.
Key Highlights
- 1Wells Fargo issued two new series of Medium-Term Notes: Series S and Series T.
- 2Series S notes are Principal at Risk Securities linked to the Energy Select Sector SPDR® Fund, maturing November 8, 2021.
- 3Series T notes are linked to 3 Month LIBOR, maturing November 7, 2020.
- 4The filing includes the forms of these notes as exhibits.
- 5Legal opinions from Faegre Baker Daniels LLP regarding the notes are also filed.
- 6This action is in connection with a Form S-3 registration statement.