📢 Wells Fargo ($WFC) on 12/12/2025 notified redemption of its Floating Rate Junior Subordinated…
Filed with the SEC on · Summarized by InvestorsBot
📢 Wells Fargo ($WFC) on 12/12/2025 notified redemption of its Floating Rate Junior Subordinated Deferrable Interest Debentures due 1/15/2027. Optional prepayment date: 1/15/2026; price: 100% of principal + accrued interest. #DebtRedemption #Banking
🔓 Upon redemption, the covenant tied to those Debentures will no longer restrict WFC’s ability to repurchase or redeem its 3.90% Fixed Rate Reset Non‑Cumulative Perpetual Class A Preferred Stock, Series BB. $WFC #PreferredStock #CapitalStructure
đź“… Key investor note: optional prepayment on 1/15/2026 may enable WFC ($WFC) to repurchase/redeem Series BB preferred after the Debentures are called, a change that could affect capital structure. #Investing #Finance