WFC · News · 20261102N

Capital Markets Activity

WELLS FARGO & COMPANY/MN · 2026-11-02 · Importance 17 · Surprise 24

Wells Fargo Securities acted as the sole structuring agent for Benefit Street Partners’ $1.1 billion commercial real estate collateralized loan obligation, BSPDF 2026-FL6. It was BSP’s fifth CRE CLO transaction of the year, bringing its CRE CLO issuance to approximately $5 billion. The transaction includes a 30-month reinvestment period, and other major banks served as co-lead managers and bookrunners.

Key facts

• Wells Fargo Finance LLC filed a preliminary pricing supplement for new Series B medium-term notes linked to Space Exploration Technologies Corp. Class A common stock; the notes have an autocallable feature, contingent coupon and memory feature. source
• Wells Fargo Finance LLC, guaranteed by Wells Fargo & Company, filed a Form FWP for market-linked securities due November 29, 2029, linked to the S&P 500 Index, with leveraged upside participation to a cap and fixed-percentage buffered downside. source
• Wells Fargo Securities acted as the sole structuring agent for Benefit Street Partners' $1.1 billion commercial real estate CLO, BSPDF 2026-FL6. source
• Wells Fargo & Co. stock rose 2.99% to $85.89 on Nov. 2, 2026, and closed 12.14% below its 52-week high reached on January 5th. source
• On Oct. 29, 2026, ETFs bought a net $80.2 million of Wells Fargo shares; 34 ETFs bought and 16 sold. source
• Wells Fargo shares had net ETF inflows of $115.5 million on Oct. 28, $5.2 million on Oct. 27 and $1.5 million on Oct. 26, following a $7.9 million net outflow on Oct. 23. source
• CGDV, XLF and PKW were the largest ETF buyers of Wells Fargo shares on Oct. 29, buying $54.7 million, $28.3 million and $1.7 million, respectively. source
• The Series B notes offer potential quarterly contingent coupon payments and expose investors to principal loss if they are not automatically called and the underlying stock falls below a downside threshold. source