Summary
This Wells Fargo & Company (WFC) 8-K filing from March 25, 2020, primarily serves to disclose the forms of various Medium-Term Notes, Series A, that were issued by its subsidiary, Wells Fargo Finance LLC. These notes are structured as "Principal at Risk Securities" and are linked to different equity market indices, including the S&P 500®, Russell 2000®, EURO STOXX 50®, and Dow Jones Industrial Average®. The parent company, Wells Fargo & Company, provides a full and unconditional guarantee for these debt issuances.
Key Highlights
- 1Wells Fargo Finance LLC issued multiple series of "Principal at Risk Securities" as Medium-Term Notes.
- 2The Notes are linked to various equity indices: S&P 500®, Russell 2000®, EURO STOXX 50®, and Dow Jones Industrial Average®.
- 3Maturity dates for the Notes vary, with specific issuances due in March 2022 and March 2029.
- 4Wells Fargo & Company provides a full and unconditional guarantee for all issued Notes.
- 5The filing includes the forms of these Notes and the legal opinion from Faegre Drinker Biddle & Reath LLP regarding their validity and the guarantee.
- 6This filing is related to a previously filed Registration Statement on Form S-3.