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Wells Fargo & Co (New) | Non-Cumulative Perpetual Class A Preferred Stock, Series V (WFC.PRV)
Prospectus excerpt: Wells Fargo & Company is offering 36,000,000 depositary shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series V, no par value, with a liquidation preference amount of $25,000 per share (equivalent to $25 per depositary share) (the ÙSeries V Preferred Stockˆ). Each depositary share entitles the holder, through the depositary, to a proportional fractional interest in all rights, powers and preferences of the Series V Preferred Stock represented by the depositary share. Full Prospectus PDF », Secondary Prospectus PDF », WFC Page »
| Series: | V | | Alternate symbology: | WFC-V, WFC-PV, WFCprV | | Redeemable?: | Yes | | Call Date: | 12/15/2020 (Now Trading Post Call Date) | | Perpetual?: | Yes | | Cumulative?: | No | | Shares Offered: | 36,000,000 | | Overallotment: | 4,000,000 | | Liquidation Preference: | $25.00 | | Original Coupon: | 6.00% | | Pay Period: | Quarterly | | Pay Dates: | 15-Mar, 15-Jun, 15-Sep, 15-Dec | | "Compliance Score" Rating: |
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Wells Fargo & Co. is a financial services company. It provides a diversified set of banking, investment and mortgage products and services, and consumer and commercial finance, through banking locations and offices, the Internet (www.wellsfargo.com) and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in countries outside the U.S.. Its segments include Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking, and Wealth and Investment Management. Preferreds: WNA.PR, WFC.PRJ, WFC.PRL, WFC.PRN, WFC.PRO, WFC.PRP, WFC.PRQ, WFC.PRR, WFC.PRT, WFE.PRA, WFC.PRV, WFC.PRW, WFC.PRX, WFC.PRY, WFC.PRZ, WFC.PRA, WFC.PRC, WFC.PRD
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