C.L. King Co-Manages $2 Billion Wells Fargo’s Preferred Stock Offering

C.L. King acted as Senior Co-Manager for Wells Fargo & Co in its $1,000 par PerpNC5 $2B 6.85% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series FF. The company offered 2,000,000 depositary preferred shares. (NYSE: WFC).
These issues were rated Baa2/BB+/BBB.