WFC · News · 20260806N

Capital Markets Underwriting Mandates

WELLS FARGO & COMPANY/MN · 2026-08-06 · Importance 6 · Surprise 6

Wells Fargo Securities International Limited participated as an underwriter in AT&T’s multi-currency bond offering, which included €4.1 billion of euro-denominated notes and £550 million of sterling-denominated notes. Wells Fargo Securities also co-led Quanta Services’ $2.0 billion senior-notes offering alongside BofA Securities and J.P. Morgan Securities. The mandates indicate continued Wells Fargo participation in large corporate debt-financing syndicates across U.S. and international capital markets.

Key facts

• Wells Fargo downgraded Arvinas (NASDAQ:ARVN) from "overweight" to "equal weight"; Arvinas reported Q2 EPS of $2.58 and revenue of $249.7 million, received approval for VEPPANU (its first PROTAC protein degrader), and anticipates clinical data from three Phase 1 programs within the next year. source