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Wells Fargo plans to price zero-coupon callable notes due 2039
By Marisa Wong
Los Angeles, Feb. 22 – Wells Fargo & Co. is offering zero-coupon callable notes due 2039, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be sold at 41.491 for an accrual yield of 6.04%.
Beginning Feb. 28, 2027, the notes will be callable annually in whole for an amount equal to the accreted value as of the applicable optional redemption date.
Wells Fargo Securities, LLC is the agent.
The notes (Cusip: 95001DFH8) will price on Feb. 27 and settle on Feb. 29.
The financial services company is based in San Francisco.
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