Summary
Wells Fargo & Company/MN (WFC) filed an 8-K report on February 11, 2020, primarily to disclose exhibits related to a recent debt issuance. Specifically, on February 10, 2020, Wells Fargo Finance LLC issued Medium-Term Notes, Series A, Principal at Risk Securities. These notes are linked to the performance of the Dow Jones Industrial Average®, the Russell 2000® Index, and the Nasdaq-100 Index®, with a maturity date of February 11, 2025. The issuance is fully and unconditionally guaranteed by Wells Fargo & Company.
Key Highlights
- 1Disclosure of a new debt issuance by Wells Fargo Finance LLC on February 10, 2020.
- 2The issuance consists of Medium-Term Notes, Series A, Principal at Risk Securities.
- 3The notes' performance is linked to the lowest performing of the Dow Jones Industrial Average®, Russell 2000® Index, and Nasdaq-100 Index®.
- 4The maturity date for these notes is February 11, 2025.
- 5Wells Fargo & Company provides a full and unconditional guarantee for these notes.
- 6The filing includes the form of the note and a legal opinion from Faegre Drinker Biddle & Reath LLP regarding the notes and guarantee.