Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Reuters

Published Oct 04, 2018 09:07PM ET

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

(Reuters) - Wells Fargo & Co (N:WFC) is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, Bloomberg reported on Thursday citing people familiar with the matter.

The $441 million non-agency bond will include top portions, which will be rated AAA and the sale will be finalized next week, according to the report.