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Published on 10/24/2016 in the Prospect News Investment Grade Daily.

Wells Fargo to price offering of floating-rate notes due October 2023

By Devika Patel

Knoxville, Tenn., Oct. 24 – Wells Fargo & Co. intends to price an offering of floating-rate senior notes due October 2023, according to a 424B5 filed with the Securities and Exchange Commission.

The notes are callable at par in October 2022.

Wells Fargo Securities LLC is the bookrunner.

Proceeds will be used for general corporate purposes.

The financial services company is based in San Francisco.


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