other_material
confidence high
sentiment neutral
materiality 0.35
Wells Fargo to redeem $450M in capital securities from CoreStates trusts on June 30, 2025
WELLS FARGO & COMPANY/MN
- Redemption notices submitted for CoreStates Capital II ($150M) and CoreStates Capital III ($300M) capital securities.
- Redemption price of $1,000 per security plus accrued unpaid distributions through June 30, 2025.
- After redemption, no capital securities of either trust will remain outstanding.
item 8.01item 9.01