debt
confidence high
sentiment neutral
materiality 0.40
Wells Fargo redeems Floating Rate Junior Subordinated Debentures due 2027 on Jan 15, 2026
WELLS FARGO & COMPANY/MN
- Redeems all Floating Rate Junior Subordinated Debentures (CUSIP 949746TG6) on Jan 15, 2026 at 100% par plus accrued interest.
- Upon redemption, covenant restricting repurchase of 3.90% Fixed Rate Reset Series BB Preferred Stock will no longer apply.
- Optional prepayment date is Jan 15, 2026; redemption price equals 100% of principal plus accrued interest.