Summary
This Wells Fargo & Company/MN (WFC) 8-K filing, dated June 6, 2019, primarily serves to announce the issuance of various Medium-Term Notes, Series A, by its subsidiary, Wells Fargo Finance LLC. These notes are structured with different underlying assets, including baskets of financial sector stocks, semiconductor sector stocks, specific indices like the Russell 2000®, S&P 500®, MSCI Emerging Markets Index, and MSCI EAFE Index®. Investors should note that some of these are "Principal at Risk Securities," indicating potential loss of invested principal.
Key Highlights
- 1Wells Fargo Finance LLC issued multiple series of Medium-Term Notes, Series A.
- 2The notes are linked to various equity baskets and indices, including financial sector stocks, semiconductor stocks, Russell 2000®, S&P 500®, MSCI Emerging Markets, and MSCI EAFE.
- 3Several of the issued notes are classified as 'Principal at Risk Securities,' meaning investors could lose their principal investment.
- 4Wells Fargo & Company provides a full and unconditional guarantee for all issued Notes.
- 5The filing includes the specific forms of each Medium-Term Note series.
- 6An opinion from Faegre Baker Daniels LLP regarding the Notes and the Guarantee is also filed.
- 7This filing is in connection with a previously filed Registration Statement on Form S-3.