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Wells Fargo plans optional redemption of $119.85 million of its CDs
By Devika Patel
Knoxville, Tenn., July 29 - Wells Fargo Bank, NA announced plans for an optional redemption of $119.85 million of its certificates of deposit due Aug. 1, 2019 linked to the 10-year and two-year Constant Maturity Swap rates. The CDs were issued on July 31, 2009.
The CDs will be redeemed at par plus interest to Aug. 1, the redemption date.
Wells Fargo Bank (612 667-9764 or 800 344-5128) is the agent.
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