By Aleesia Forni
Virginia Beach, Va., Aug. 8 - Wells Fargo & Co. priced a $1.5 billion offering of 4.125% notes due 2023 on Thursday at a spread of 160 basis points over Treasuries, according to an informed source.
No other details were immediately available on Thursday.
Wells Fargo was last in the market with a $5 billion sale of notes in four parts on July 22.
The financial services company is based in San Francisco.
| Issuer: | Wells Fargo & Co.
|
| Amount: | $1.5 billion
|
| Description: | Notes
|
| Maturity: | 2023
|
| Bookrunner: | Wells Fargo
|
| Coupon: | 4.125%
|
| Spread: | Treasuries plus 160 bps
|
| Trade date: | Aug. 8
|
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