Deals 05/12/2021

Loop Capital Markets mandated as joint-lead manager on a $1 billion senior redeemable fixed to floating rate Inclusive Communities and Climate Bond offering for Wells Fargo & Company

On May 12, 2021, Loop Capital Markets acted as a joint-lead manager on a 4-year, $1 billion, senior redeemable fixed to floating rate Inclusive Communities and Climate Bond offering for Wells Fargo & Company. The bonds are rated A2/BBB+/A+.

Use of proceeds are earmarked for financing or refinancing Inclusive Communities and Climate Projects, however, there is no contractual obligation to do so.