Wells Fargo required to remarket senior debentures

By Jennifer Chiou

New York, March 17 - Wells Fargo & Co. announced the remarketing of its remarketed senior debentures due 2033, which is required by the indenture.

Citibank, NA is the trustee.

If holders of the notes do not want to have their securities remarketed, they must notify Wells Fargo Bank, NA, the paying agent, on or before April.

Holders will have the right to put back the notes at par if any debentures submitted for remarketing are not sold or if a condition in the remarketing agreement is not fulfilled.

Those participating in the remarketing will be considered to have exercise the purchase right. Other holders must contact Wells Fargo Bank on or before May 1 to put back their notes.

San Francisco-based Wells Fargo is a diversified financial services company.

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