8-KExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jul 30, 2019)

Filed July 30, 2019For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed an 8-K report on July 30, 2019, to disclose the issuance of new debt securities. This filing primarily serves to submit the forms of the "Series T Notes" and "Series A Notes" as exhibits, along with legal opinions from Faegre Baker Daniels LLP. The Series T Notes consist of two tranches: one maturing in July 2034 and another in July 2024. The Series A Notes, issued by Wells Fargo Finance LLC and guaranteed by Wells Fargo & Company, are Principal at Risk Securities linked to a basket of indices and ETFs, maturing in October 2020. For investors, this filing signals ongoing capital markets activity and the company's strategy to manage its debt structure. While the 8-K itself does not provide financial performance data, the issuance of these notes indicates Wells Fargo's continued access to debt markets for funding its operations and strategic initiatives. Investors should view this as a routine disclosure related to the company's debt financing, with the specifics of the notes' terms and risks detailed within the referenced exhibits.

Key Highlights

  • 1Wells Fargo & Company filed an 8-K on July 30, 2019, related to debt issuances.
  • 2Two types of Medium-Term Notes were issued: Series T and Series A.
  • 3Series T Notes include tranches due in July 2034 and July 2024.
  • 4Series A Notes are Principal at Risk Securities linked to indices and ETFs, due October 30, 2020.
  • 5Wells Fargo Finance LLC issued the Series A Notes, with a full guarantee from Wells Fargo & Company.
  • 6The filing includes forms of the notes and legal opinions from Faegre Baker Daniels LLP as exhibits.
  • 7This report serves as a formal disclosure of these debt instruments to the SEC.

Frequently Asked Questions

The primary purpose of this 8-K filing is to officially disclose and submit the forms of newly issued debt securities, specifically the Medium-Term Notes, Series T and Series A, along with supporting legal opinions, to the Securities and Exchange Commission.

The Series T Notes are Medium-Term Notes issued by Wells Fargo & Company. They consist of two parts: notes maturing on July 30, 2034, and notes maturing on July 30, 2024.

The Series A Notes are Principal at Risk Securities Linked to a Basket of Two Indices and Two ETFs, issued by Wells Fargo Finance LLC and due on October 30, 2020. Importantly, they are fully and unconditionally guaranteed by Wells Fargo & Company.

No, this 8-K filing does not provide financial performance data or operational updates for Wells Fargo. Its purpose is strictly to report the issuance of new debt securities and to file the relevant documentation and legal opinions.