Bond Wells Fargo & Company 3.3% ( US94974BGA26 ) in USD

Issuer	Wells Fargo & Company
Market price	99.769 % ▼
Country	United States
ISIN code	US94974BGA26 ( in USD )
Interest rate	3.3% per year ( payment 2 times a year)
Maturity	09/09/2024 - Bond has expired
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Minimal amount	1 000 USD
Total amount	2 250 000 000 USD
Cusip	94974BGA2
Standard & Poor's ( S&P ) rating	BBB+ ( Lower medium grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Detailed description	Wells Fargo is a multinational financial services company offering banking, investments, mortgage, and consumer and commercial finance services across numerous countries. Wells Fargo, a leading diversified financial services company headquartered in the United States and recognized as one of the nation's largest banks by assets, served as the issuer for a specific fixed income instrument detailed by ISIN US94974BGA26 and CUSIP 94974BGA2. This bond, denominated in USD, carried a stated interest rate of 3.3% with interest payments scheduled at a frequency of two times per year, typical for such instruments. The total issuance size for this particular bond was USD 2,250,000,000, made accessible to investors with a minimum purchase size set at USD 1,000. Prior to its maturity, the bond's market price was observed at 99.769% of its par value. Notably, this instrument reached its maturity date on September 9, 2024, and has since been fully redeemed, confirming the issuer's successful repayment of its obligations. The credit quality of this debt was assessed by major rating agencies, with Standard & Poor's assigning a rating of BBB+ and Moody's providing an A1 rating, reflecting their independent evaluations of Wells Fargo's financial standing and capacity to meet its debt commitments.