WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo & Company (WFC), via Wells Fargo Finance LLC, is offering $11,282,000 of Medium-Term Notes, Series B, structured as Buffered Enhanced Return Securities linked to the MSCI EAFE Index, maturing October 27, 2028. The notes pay no interest and repay principal based on index performance.
For each $1,000 note, investors receive 150% of any positive index return, capped at a maximum settlement amount of $1,321.75 once the index reaches 121.45% of its initial level of 3,218.07. A 15% downside buffer applies: if the index is at or above 85% of its initial level, investors receive $1,000. Below 85%, losses are leveraged at approximately 117.65% of the decline beyond the 15% buffer, and the payment can fall to zero.
The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, and are subject to their credit risk. The estimated value on the trade date is $989.27 per $1,000 note, lower than the offering price due to selling, structuring, hedging and funding costs, and the securities are not listed and may have limited secondary market liquidity.
Wells Fargo & Company (WFC), through issuer Wells Fargo Finance LLC, is offering equity index-linked Medium-Term Notes, Series B, tied to the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing September 7, 2029. The notes pay a 10.30% per annum contingent coupon quarterly only if, on each calculation day, the lowest performing index is at or above 70% of its starting value; otherwise no coupon is paid for that period.
Unless earlier redeemed at the issuer’s option (quarterly, starting March 2027), principal repayment at maturity is contingent: investors receive the $1,000 face amount only if the lowest performing index is at or above 60% of its starting value on the final calculation day. If it is below 60%, repayment is $1,000 multiplied by that index’s performance factor, so losses can exceed 40% of principal and may reach 100%. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, not listed on any exchange, and designed to be held to maturity. The total offering is $1,500,000, at $1,000 per note, and the bank estimates the value at issuance at $983.02 per note, below the offering price.
WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering $1,868,000 of Medium-Term Notes, Series B, structured as equity index-linked “Buffered Enhanced Return Securities” maturing October 6, 2028. These unsecured notes are linked to a weighted basket of the EURO STOXX 50 (40%), TOPIX (25%), FTSE 100 (17%), SMI (11%) and S&P/ASX 200 (7%).
The notes pay no interest and repay principal based on basket performance: 180% upside participation on positive returns, capped at a maximum settlement of $1,349.20 per $1,000 (basket cap level 119.400% of initial). A 15% downside buffer protects principal only to an 85% basket level; below that, losses are magnified at about 1.1765% of face per 1% additional decline and can reach total loss.
The current estimated value is $985.05 per $1,000, reflecting structuring and hedging costs. The securities are unsecured obligations of the finance subsidiary, fully and unconditionally guaranteed by Wells Fargo & Company, are not insured by any governmental agency, will not be listed on an exchange, and may have limited or no secondary market. U.S. tax treatment is described as a prepaid derivative contract but remains uncertain.
Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering equity index-linked Medium-Term Notes tied to the S&P 500 Index, maturing March 8, 2028, at $1,000 face amount per security.
The notes pay no interest and instead provide a contingent fixed return of at least 11.30% ($113 per $1,000) at maturity if the S&P 500 ending value is at or above 85% of its starting level. If the index falls by more than the 15% buffer, investors have 1‑to‑1 downside exposure beyond the buffer and may lose up to 85% of principal. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, with no exchange listing and are intended to be held to maturity.
The initial estimated value is about $992.30 per $1,000 security (and not less than $962.30), reflecting selling, structuring, hedging and funding costs, and secondary market prices, if any, are expected to be lower than the original offering price.
Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering unsecured Medium-Term Notes, Series B that are equity index-linked securities tied to the lowest performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, maturing September 12, 2030. The notes pay a monthly contingent coupon only if, on each calculation day, the lowest performing index is at or above its coupon threshold, set at 70% of its starting value; the contingent coupon rate will be at least 9.75% per annum. Wells Fargo may, at its option, redeem the notes in whole (but not in part) on any monthly redemption date beginning about six months after issuance, paying the $1,000 face amount plus any due coupon, which can shorten the investment term.
If the notes are not redeemed and, on the final calculation day, the lowest performing index is below its 70% downside threshold, investors are fully exposed to that decline and can lose more than 30% and up to all of principal; there is no upside participation in any index and no dividends. The notes are not listed, are designed to be held to maturity, and all payments are subject to the credit risk of Wells Fargo Finance LLC and the Wells Fargo & Company guarantee. The current estimated value is approximately $980.40 per $1,000 note, and will in no event be less than $950.40 on the pricing date, reflecting selling, structuring, hedging and funding costs.
WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering medium‑term market‑linked notes tied to the lowest performing of the Dow Jones Industrial Average, Nasdaq‑100 Index and Russell 2000 Index, maturing September 7, 2029 and fully guaranteed by Wells Fargo & Company.
The notes pay a 9.00% per annum contingent coupon, paid quarterly only if on each calculation day the lowest performing index is at or above 70% of its starting value; otherwise no coupon is paid for that quarter. From March 2027 through June 2029, the notes are auto‑callable at par plus the applicable coupon if the lowest performing index is at or above its starting value. If not called, at maturity investors receive par only if the lowest performing index is at or above 70% of its starting value; below that level, repayment is reduced in proportion to the index decline, with losses of more than 30% and potentially the entire principal.
The original offering price is $1,000 per note, with total offering size of $750,000, agent discount of $23.50 per note, and issuer proceeds of $976.50 per note. Wells Fargo Securities, LLC estimates the value at $962.19 per note on the pricing date, notes are unsecured and unsubordinated, not listed on any exchange, and all payments are subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company.
Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering medium-term, equity index-linked notes that pay contingent quarterly coupons and expose principal to loss based solely on the worst performer among the Nasdaq‑100 Index, Russell 2000 Index and S&P 500 Index. Each note has a $1,000 face amount and a contingent coupon rate set on the pricing date of at least 11.15% per annum, payable only if on a quarterly calculation day the lowest-performing index is at or above its coupon threshold of 70% of its starting value.
The notes may be called quarterly at the issuer’s option, beginning about six months after issuance; if called, investors receive $1,000 plus any due coupon. If held to the September 16, 2031 maturity and not called, investors receive $1,000 only if the lowest-performing index on the final calculation day is at or above its 70% downside threshold; otherwise, repayment is reduced in full proportion to that index’s decline, with more than 30% and up to 100% of principal at risk and no participation in any index gains or dividends.
The original offering price is $1,000 per security, with an agent discount of up to $4 and proceeds to the issuer of $996 per security$983.80 per security and will not be less than $953.80 on the pricing date, reflecting selling, structuring, hedging and funding costs. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, are not listed on any exchange, and all payments are subject to the credit risk of the issuer and guarantor.
WELLS FARGO & COMPANY/MN (WFC), through Wells Fargo Finance LLC, is offering Accelerated Return Notes linked to the S&P 500 Index with a $10 principal amount per unit, issued under its shelf registration and fully and unconditionally guaranteed by Wells Fargo & Company. The notes have a maturity of approximately 14 months and provide 300% participation in any increase of the S&P 500, subject to a Capped Value between $11.00 and $11.40 per unit, limiting the maximum return to 10%–14%. If the Index level is unchanged at maturity, investors receive only their principal; if it falls, they incur a 1-for-1 loss down to zero, putting up to 100% of principal at risk.
The notes pay no interest or dividends, all amounts are paid only at maturity, and payments are subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company. The initial estimated value on the pricing date is expected to be between $9.21 and $9.51 per unit, below the $10 public offering price, reflecting an underwriting discount of $0.175 per unit and a hedging-related charge of $0.05 per unit, along with funding and structuring costs. The notes will not be listed on any exchange and are intended to be held to maturity, with any secondary market making at the discretion of BofA Securities, Merrill Lynch and affiliates.
Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering Accelerated Return Notes linked to the State Street Energy Select Sector SPDR ETF (XLE), with each note having a $10 principal amount and maturing in approximately 14 months in November 2027. The notes provide 300% leveraged upside to the ETF’s average ending level, subject to a capped redemption value of $12.20 to $12.60 per unit (a 22.00% to 26.00% maximum return). If the ETF ends below its starting level, investors are exposed 1-to-1 to losses and can lose up to 100% of principal. The initial estimated value on the pricing date is expected between $9.18 and $9.48 per unit, below the $10 public offering price, reflecting selling, structuring, hedging costs and a $0.05 per-unit hedging-related charge in addition to a $0.175 per-unit underwriting discount. The notes pay no interest or dividends, are unsecured obligations of Wells Fargo Finance LLC fully and unconditionally guaranteed by Wells Fargo & Company, and are expected to have limited or no secondary market liquidity.