Wells Fargo to Redeem Floating Rate Junior Subordinated Debentures in January 2026
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Wells Fargo & Company announced it will redeem its Floating Rate Junior Subordinated Debentures due January 15, 2027, on January 15, 2026. The redemption price will be 100% of the principal amount plus accrued interest. This redemption will lift a covenant restricting the repurchase or redemption of its 3.90% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series BB.
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