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Wells Fargo talks benchmark five-year senior holding company notes at 85 bps area for Tuesday
By Andrea Heisinger
New York, Dec. 18 - Wells Fargo & Co. is in Tuesday's market with a benchmark-size offering of five-year senior holding company notes, a market source said.
The notes (A2/A+/AA-) are being talked in the Treasuries plus 85 basis points area.
Wells Fargo Securities LLC is the bookrunner.
The San Francisco-based financial services company was last in the straight bond market with a $2.75 billion sale of three-year notes in two tranches on June 20.
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