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

The primary purpose of this 8-K filing is to formally present the forms of the various Medium-Term Notes, Series T, that Wells Fargo issued and the associated legal opinion from their counsel, Faegre Drinker Biddle & Reath LLP, as required by the Securities and Exchange Commission.

What are the different maturity dates for the new notes?

The Medium-Term Notes, Series T, have maturity dates on January 17, 2023; January 17, 2024; January 17, 2026; July 17, 2028; July 17, 2022; July 17, 2024; July 17, 2025; and January 17, 2029.

Is this a new debt offering or an update to existing filings?

This filing is related to a new issuance of Medium-Term Notes, Series T, but it is filed in connection with a previously submitted registration statement on Form S-3 (File No. 333-221324), indicating it's part of a larger, ongoing debt program.

What is the significance of the legal opinion filed?

The legal opinion from Faegre Drinker Biddle & Reath LLP provides assurance regarding the legality and validity of the issued Medium-Term Notes, which is a standard requirement for public debt offerings and important for investor confidence.

WELLS FARGO & COMPANY/MN 8-K SEC Disclosure

Summary

Wells Fargo & Company/MN (WFC) filed an 8-K on July 17, 2020, to report the issuance of several series of Medium-Term Notes, Series T. These notes have varying maturity dates, ranging from January 2023 to January 2029, and are part of a broader registration statement previously filed with the SEC. The primary purpose of this filing is to include the forms of these notes and the legal opinion from Faegre Drinker Biddle & Reath LLP regarding their validity.

Key Highlights

1Wells Fargo issued multiple series of Medium-Term Notes, Series T.
2Note maturities range from January 2023 to January 2029.
3This filing is an update to a previously filed registration statement (File No. 333-221324).
4The report includes the specific forms for each note issuance.
5A legal opinion from Faegre Drinker Biddle & Reath LLP concerning the notes is filed as an exhibit.
6The filing indicates the company is raising capital through these debt issuances.

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Jul 17, 2020)

Summary

Key Highlights

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