Wells Fargo & Co (WFC)

No results found for "".

Wells Fargo & Co (WFC)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	WFC	Wells Fargo & Co	€2,750		2	USOA	Oct 19, 2026

Tranche #1Wells Fargo & Co

currency

EUR

size (m)

1,750.000

maturity

Oct 26, 2030

type

Fixed to Floating

tenor

4.000

call

3.00

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

A+

size description

re-open/tap

ipt

MS+90-95

ipt-pxd

-25.5

guidance

spread

coupon

4.124%

spread set

price

100.00000

yield

4.124%

book size (m)

3,600

peak book (m)

4,300

x-covered

2.06

book attrition

-16.28%

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

3,600

peak book (m)

4,300

x-covered

2.06

book attrition

-16.28%

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #2Wells Fargo & Co

currency

EUR

size (m)

1,000.000

maturity

Oct 26, 2034

type

Fixed to Floating

tenor

8.000

call

7.00

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

A+

size description

re-open/tap

ipt

MS+125 area

ipt-pxd

-25

guidance

spread

100

coupon

4.496%

spread set

price

100.00000

yield

4.496%

book size (m)

2,100

peak book (m)

2,900

x-covered

2.1

book attrition

-27.59%

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

2,100

peak book (m)

2,900

x-covered

2.1

book attrition

-27.59%

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

Book size: 3600; First Pay: 2027-10-26; Redemption: 2029-10-26; Registration: Reg S Only; Comments: OBL 2.5 29 #190 (98.145 bid) + 96.1bps | HR 100%. MWC: B+15. Tax Call: Yes. LEI: PBLD0EJDB5FWOLXP3B76; Book size: 2100; First Pay: 2027-10-26; Redemption: 2033-10-26; Registration: Reg S Only; Comments: DBR 2.6 08/15/33 (95.590 bid) + 116.3bps | HR 101%. MWC: B+20. Tax Call: Yes. LEI: PBLD0EJDB5FWOLXP3B76;

Deal Comments

Combined Books >EUR5bn (small skew to the 4nc3)

Use of Proceeds

The Issuer intends to use the net proceeds from the sale of the Notes for general corporate purposes

Relative Value

Fixed to Floating

4NC3yr (Oct 2029) @ MS+90/95

Implied Spread for fresh NC3yr @ MS+64
Priced at MS+67
NIC of +3

8NC7yr (Oct 2033) @ MS+125a

Implied Spread for fresh NC7yr @ MS+93
Priced at MS+100
NIC of +7

COMPS
Ticker	M/S/F	Coupon	Mat/Call	Tenor	Sprd
WFC	A1/A-/A+	1.74%	May 30/29	2.6	z+57
WFC	A1/A-/A+	3.90%	Jul 32/31	4.75	z+71
WFC	A1/A-/A+	3.87%	Jul 36/35	8.75	z+94

Hide Details

CreditFlow: End of Day (Europe IG)	Oct 19, 2026

Oct 19, 2026

1 to 1 of 1

	PRICED: Wells Fargo & Company €2.75bn 4NC3 FXD/FRN & 8NC7 FXD/FRN Sr Unsec; MS+67bp & MS+100bp	Oct 19, 2026
	ALLOCATIONS OUT: Wells Fargo & Company €2.75bn 4NC3 & 8NC7 Sr Unsec FXD/FRN; MS+67bp & MS+100bp	Oct 19, 2026
	LAUNCHED: Wells Fargo & Company €2.75bn 4NC3 & 8NC7 Sr Unsec; MS+67bp & MS+100bp	Oct 19, 2026
	UPDATE: Wells Fargo & Company € bmk 4NC3 & 8NC7 Sr Unsec FXD/FRN; Spread set at MS+67bp & MS+100bp	Oct 19, 2026
	UPDATE (BOOKS): Wells Fargo & Company € bmk 4NC3 & 8NC7 Sr Unsec FXD/FRN; MS+90/95bp & MS+125a	Oct 19, 2026
	NEW ISSUE: Wells Fargo & Company € bmk 4NC3 & 8NC7 Sr Unsec FXD/FRN; MS+90/95bp & MS+125a	Oct 19, 2026

1 to 6 of 6

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Wells Fargo & Co (WFC)

Deal Details

Commentary

Deal Flow