From: Richard Kahn To: "jeffrey E." <jeevacationggmail.com> Subject: Fwd: New Issue S25 Par: Wells Fargo & Company (WFC) Perpetual Preferred Stock; 5.75% Area; Fixed-for-Life Date: Tue, 19 Jan 2016 15:56:56 +0000 Attachments: Wells_Fargo_Ser_W_prosup.pdf currently you have no exposure to wells in equities or preferreds or bonds please advise thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax cel Begin forwarded message: From: "Atlas, Andrew S Subject: New Issue $25 Par: Wells Fargo & Company (WFC) Perpetual Preferred Stock; 5.75% Area; Fixed-for-Life Date: January 19, 2016 at 10:22:46 AM EST To: "Richard Kahn Hey Rich, Hope all is well. Definitely a crazy start to the year. Wanted to show Southern Trust Company a new issue preferred coming today: $25 Par New Issue Syndicate Offering: Wells Fargo & Company (WFC) Issuer: Wells Fargo & Company (Ticker: WFC) Securities Offered: Depositary shares each representing 1/1,000th interest in a share of non-cumulative perpetual Class A Preferred Stock Series W Expected Ratings: Baal/BBB/BBB (St/St/St) Size: $250mm (10mm shares) Maturity: Perpetual EFTA00703912