What is the nature of the 'Principal at Risk Securities'?

The term 'Principal at Risk Securities' suggests that the return on these notes, and potentially the principal itself, is dependent on the performance of the underlying index (MSCI EAFE Index®). Investors could lose some or all of their principal if the index performs poorly.

Who is issuing these notes, and who guarantees them?

Wells Fargo Finance LLC is issuing these notes, and Wells Fargo & Company provides a full and unconditional guarantee for them. This means that Wells Fargo & Company is fully responsible for the payment obligations of these notes.

Where can I find more details about the specific terms and conditions of these notes?

The detailed terms and conditions of these notes can be found in Exhibit 4.1 of this 8-K filing, which is the 'Form of Medium-Term Notes, Series A, Principal at Risk Securities Linked to the MSCI EAFE Index®'.

WELLS FARGO & COMPANY/MN 8-K SEC Disclosure

Q: What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to officially disclose the issuance of new financial instruments, specifically Medium-Term Notes, Series A, Principal at Risk Securities Linked to the MSCI EAFE Index®, and to provide the associated documentation, including the form of the note and a legal opinion.

Summary

Wells Fargo & Company/MN (WFC) filed a Current Report (8-K) on July 11, 2019, primarily to disclose the issuance of new financial instruments. Specifically, Wells Fargo Finance LLC, with a guarantee from Wells Fargo & Company, issued Medium-Term Notes, Series A, Principal at Risk Securities Linked to the MSCI EAFE Index® on July 10, 2019. This filing's main purpose is to provide investors with the documentation for these new notes. It includes the form of the note itself and the legal opinion from Faegre Baker Daniels LLP regarding the notes and the guarantee. Investors interested in the specifics of these debt offerings, particularly those linked to the performance of the MSCI EAFE Index®, will find this report relevant.

Key Highlights

1Wells Fargo Finance LLC issued new Medium-Term Notes, Series A, Principal at Risk Securities.
2The notes are linked to the performance of the MSCI EAFE Index®.
3Wells Fargo & Company provides a full and unconditional guarantee for these notes.
4The issuance occurred on July 10, 2019.
5The filing includes the form of the note as an exhibit.
6A legal opinion from Faegre Baker Daniels LLP concerning the notes and guarantee is also filed.
7The report is related to a prior Registration Statement on Form S-3 filed by Wells Fargo.

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jul 11, 2019)

Summary

Key Highlights

Frequently Asked Questions