| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers W > Headlines for Wells Fargo & Co. > News item |
Wells Fargo plans fixed-to-floaters on 10-year dollar ICE Swap rate
By Susanna Moon
Chicago, Feb. 24 – Wells Fargo & Co. plans to price fixed-to-floating notes due March 23, 2026 linked to the 10-year U.S. dollar ICE Swap rate, according to a 424B2 filed with the Securities and Exchange Commission.
Interest will be 4% for the first two years. After that, the rate will be equal to the 10-year dollar ICE Swap rate. Interest is payable quarterly.
The payout at maturity will be par.
Wells Fargo Securities, LLC is the agent.
The notes will price on March 18 and settle on March 23.
The Cusip number is 94986RF97.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.