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Wells Fargo issues $3.5B in notes due 2037

Wells Fargo & Company (WFC) issued two Medium-Term Notes, Series Y, on September 24, 2026: $2,500,000,000 of Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2030, and $3,500,000,000 of the same type due September 24, 2037.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Wells Fargo & Company (WFC) issued two Medium-Term Notes, Series Y, on September 24, 2026: $2,500,000,000 of Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2030, and $3,500,000,000 of the same type due September 24, 2037. The company filed the form of each note and an opinion from Faegre Drinker Biddle & Reath LLP regarding the notes, along with the firm’s consent, as exhibits connected to its Form S-3 registration statement.

Positive

  • None.

Negative

  • None.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
2030 note principal $2.5 billion Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2030
2030 note maturity September 24, 2030 Senior Redeemable Fixed-to-Floating Rate Notes
2037 note principal $3.5 billion Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2037
2037 note maturity September 24, 2037 Senior Redeemable Fixed-to-Floating Rate Notes
Medium-Term Notes, Series Y financial
"the following Medium-Term Notes, Series Y"
Senior Redeemable Fixed-to-Floating Rate Notes financial
"Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2030"
Registration Statement on Form S-3 regulatory
"in connection with the Registration Statement on Form S-3"
A registration statement on Form S‑3 is a short, standardized filing a qualified public company uses to register new securities with regulators so they can be sold to investors; think of it as a pre-approved, reusable permission slip that speeds up future offerings. It matters to investors because it lets the company raise money more quickly and cheaply — which can fund growth or pay debt — but may also lead to share dilution or change in ownership, so it affects value and liquidity.

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How much did WFC issue in Medium-Term Notes, Series Y?

Wells Fargo & Company issued $2,500,000,000 of senior redeemable fixed-to-floating rate notes due September 24, 2030, and $3,500,000,000 of the same note type due September 24, 2037.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WELLS FARGO & COMPANY/MN NYSE false 0000072971 0000072971 2026-09-24 2026-09-24 0000072971 us-gaap:CommonStockMember 2026-09-24 2026-09-24 0000072971 wfc:A7.5NonCumulativePerpetualConvertibleClassAPreferredStockSeriesLMember 2026-09-24 2026-09-24 0000072971 wfc:NonCumulativePerpetualClassAPreferredStockSeriesYMember 2026-09-24 2026-09-24 0000072971 wfc:NonCumulativePerpetualClassAPreferredStockSeriesZMember 2026-09-24 2026-09-24 0000072971 wfc:DepositarySharesEachRepresentingA11000thInterestInAShareOfNonCumulativePerpetualClassAPreferredStockSeriesAaMember 2026-09-24 2026-09-24 0000072971 wfc:DepositarySharesEachRepresentingA11000thInterestInAShareOfNonCumulativePerpetualClassAPreferredStockSeriesCcMember 2026-09-24 2026-09-24 0000072971 wfc:DepositarySharesEachRepresentingA11000thInterestInAShareOfNonCumulativePerpetualClassAPreferredStockSeriesDdMember 2026-09-24 2026-09-24 0000072971 wfc:GuaranteeofMediumTermNotesSeriesAdueOctober302028ofWellsFargoFinanceLLCMember 2026-09-24 2026-09-24

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (date of earliest event reported): September 24, 2026

WELLS FARGO & COMPANY

(Exact name of registrant as specified in its charter)

 

Delaware   001-02979   No. 41-0449260

(State or other jurisdiction

of incorporation)

 

(Commission File

Number)

 

(IRS Employer

Identification No.)

333 Market Street, San Francisco, California 94105

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code:  415-371-2921

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class  

Trading

Symbol

 

Name of Each Exchange

on Which Registered

Common Stock, par value $1-2/3   WFC   New York Stock Exchange
(NYSE)
7.5% Non-Cumulative Perpetual Convertible Class A Preferred Stock, Series L   WFC.PRL   NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Y   WFC.PRY   NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Z   WFC.PRZ   NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series AA   WFC.PRA   NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series CC   WFC.PRC   NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series DD   WFC.PRD   NYSE
Guarantee of Medium-Term Notes, Series A, due October 30, 2028 of Wells Fargo Finance LLC   WFC/28A   NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17 CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 9.01.

Financial Statements and Exhibits

Exhibits are filed herewith in connection with the Registration Statement on Form S-3 (File No. 333-287868) filed by Wells Fargo & Company (the “Company”) with the Securities and Exchange Commission (the “SEC”).

On September 24, 2026, the Company issued the following Medium-Term Notes, Series Y: (i) $2,500,000,000 Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2030; and (ii) $3,500,000,000 Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2037 (collectively, the “Notes”).

The purpose of this Current Report is to file with the SEC the following documents: (i) the form of Note related to each issuance; and (ii) the opinion of Faegre Drinker Biddle & Reath LLP regarding the Notes.

(d)  Exhibits

 

Exhibit No.    Description    Location
4.1   

Form of Medium-Term Notes, Series Y, Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2030.

   Filed herewith
4.2   

Form of Medium-Term Notes, Series Y, Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2037.

   Filed herewith
5.1   

Opinion of Faegre Drinker Biddle & Reath LLP regarding the Notes.

   Filed herewith
23.1   

Consent of Faegre Drinker Biddle & Reath LLP.

   Included as part of Exhibit 5.1
104   

The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

   Filed herewith

 

2


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   

WELLS FARGO & COMPANY

DATED: September 24, 2026

   

/s/ Scott Knoblach             

   

Scott Knoblach

   

Senior Vice President and Assistant Treasurer

Filing Exhibits & Attachments

7 documents

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