Bond Wells Fargo & Company 6% ( US95001DCG34 ) in USD
| Issuer | Wells Fargo & Company |
| Market price | 100.251 % ⇌ |
| Country | United States
|
| ISIN code |
US95001DCG34 ( in USD )
|
| Interest rate | 6% per year ( payment 2 times a year) |
| Maturity | 28/10/2025 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Cusip | 95001DCG3 |
| 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. A fixed-income instrument issued by Wells Fargo, identified by ISIN US95001DCG34 and CUSIP 95001DCG3, is currently an observable asset in the debt markets. The issuer, Wells Fargo, stands as a prominent American multinational financial services company with a robust presence in retail banking, corporate banking, investment banking, and asset management; headquartered in San Francisco, California, it is recognized as one of the 'Big Four' U.S. banks, commanding significant market share and a diversified revenue stream, underpinning its credit profile as an issuer. This particular bond, denominated in US Dollars (USD) and issued from the United States, carries a fixed annual coupon rate of 6%, with interest payments scheduled on a semi-annual basis; its maturity date is set for October 28, 2025, positioning it as a short-to-medium term debt obligation. The bond's market price recently registered at 100.251% of its par value, indicating a slight premium in current trading. Reflecting the issuer's creditworthiness, the bond has been assigned robust investment-grade ratings by leading credit rating agencies, with Standard & Poor's (S&P) providing a BBB+ rating and Moody's assigning an A1, assessments that underscore the bond's relatively low credit risk profile, aligning with the strong financial standing of Wells Fargo. |
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