8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jan 25, 2019)

Filed January 25, 2019For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company/MN (WFC) filed an 8-K report on January 25, 2019, primarily to disclose the issuance of new Medium-Term Notes, Series S, Principal at Risk Securities. These notes are linked to the performance of a basket of indices, including the Russell 2000® Index, S&P 500® Index, EURO STOXX 50® Index, iShares® MSCI EAFE ETF, and iShares® MSCI Emerging Markets ETF, with a maturity date of January 27, 2021. The filing's main purpose is to provide investors with the official documentation related to this new debt issuance. This includes the form of the Notes themselves and the legal opinion from Faegre Baker Daniels LLP concerning these securities. Investors interested in WFC's capital-raising activities and structured product offerings would find this filing relevant, as it details a specific debt instrument designed to offer a particular risk-return profile tied to global equity market performance.

Key Highlights

  • 1Wells Fargo & Company/MN (WFC) announced the issuance of Medium-Term Notes, Series S, Principal at Risk Securities.
  • 2The Notes are linked to the performance of five specific global equity indices/ETFs: Russell 2000®, S&P 500®, EURO STOXX 50®, iShares® MSCI EAFE ETF, and iShares® MSCI Emerging Markets ETF.
  • 3The maturity date for these Notes is January 27, 2021.
  • 4This filing serves to formally submit the form of the Note to the SEC.
  • 5A legal opinion from Faegre Baker Daniels LLP regarding the Notes is also filed as an exhibit.
  • 6The issuance is connected to a previously filed Registration Statement on Form S-3 (File No. 333-221324).

Frequently Asked Questions

The primary purpose of this 8-K filing is to disclose the terms and provide the official documentation for Wells Fargo's issuance of new Medium-Term Notes, Series S, Principal at Risk Securities.

These are structured debt securities where the principal repayment is linked to the performance of a specific basket of underlying indices. The 'Principal at Risk' designation indicates that investors could lose a portion or all of their principal investment if the underlying indices perform poorly.

The Notes are linked to the performance of the Russell 2000® Index, the S&P 500® Index, the EURO STOXX 50® Index, the iShares® MSCI EAFE ETF, and the iShares® MSCI Emerging Markets ETF.

The Notes have a maturity date of January 27, 2021.