Summary
Wells Fargo & Company/MN (WFC) filed an 8-K on February 6, 2019, primarily to disclose the issuance of new financial instruments and to file related documentation. Specifically, Wells Fargo Finance LLC issued Medium-Term Notes, Series A, Principal at Risk Securities linked to the EURO STOXX 50® Index, with a maturity date of February 8, 2021. These notes are fully and unconditionally guaranteed by Wells Fargo & Company. The purpose of this filing is to provide investors with the official documentation for these notes, including the form of the note itself and a legal opinion from Faegre Baker Daniels LLP regarding the notes and the guarantee. This type of filing is typical for companies issuing debt or other structured financial products, and it ensures transparency regarding the terms and legal standing of these instruments.
Key Highlights
- 1Wells Fargo Finance LLC issued new Medium-Term Notes, Series A, Principal at Risk Securities.
- 2The notes are linked to the EURO STOXX 50® Index and mature on February 8, 2021.
- 3Wells Fargo & Company provides a full and unconditional guarantee for these notes.
- 4The 8-K filing includes the form of the note and a legal opinion from Faegre Baker Daniels LLP.
- 5This filing is related to a Registration Statement on Form S-3 previously filed by WFC and its subsidiary.