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Prospect News home > News index > List of issuers W > Headlines for Wells Fargo Real Estate Investment Corp. > News item
Published on 11/1/2019 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Wells Fargo Real Estate to redeem 6.375% preferred stock on Dec. 11

By Sarah Lizee

Olympia, Wash., Nov. 1 – Wells Fargo Real Estate Investment Corp. said that on Dec. 11 it will redeem all of its 6.375% cumulative perpetual series A preferred stock.

The preferred stock will be redeemed at a redemption price of $25.00 per share plus unpaid dividends to the redemption date in the amount of $0.31875 per share, according to a press release.

Wells Fargo Real Estate Investment is a Minneapolis-based REIT that acquires, holds and manages domestic mortgage assets and other investments.


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