Wells Fargo & Company FRN 16-AUG-2027Wells Fargo & Company FRN 16-AUG-2027Wells Fargo & Company FRN 16-AUG-2027

Wells Fargo & Company FRN 16-AUG-2027

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Key terms


Outstanding amount
‪25.39 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.40% (Variable)
Coupon frequency
Quarterly
Yield to maturity
6.40%
Maturity date
Aug 16, 2027
Term to maturity
2 years

About Wells Fargo & Company FRN 16-AUG-2027


Sector
Finance
Industry
Major Banks
Issue date
Aug 16, 2017
FIGI
BBG00HDKJNB0
Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment provides banking and credit products across industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment is composed of corporate banking, investment banking, treasury management, commercial real estate lending and servicing, and equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth and Investment Management segment refers to personalized wealth management, brokerage, financial planning, lending, private banking, trust, and fiduciary products and services. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.
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