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Market Chatter: Wells Fargo Offering Investment-Grade Bonds

BY MT Newswires | CORPORATE | 10:21 AM EDT

10:21 AM EDT, 05/13/2026 (MT Newswires) -- Wells Fargo (WFC) is marketing investment-grade bonds in as many as three parts, with maturities between three and six years, Bloomberg reported Wednesday, citing an unnamed source.

The longest-tenored bond is being offered with a spread of about 1 percentage point above US Treasuries, the report said, adding proceeds from the bonds are for general corporate purposes.

Bloomberg said the bond issuance comes a month after Wells Fargo (WFC) reported weaker-than-expected Q1 results.

Wells Fargo (WFC) didn't immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 74.53, Change: -0.65, Percent Change: -0.86

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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