October 4, 2018 / 9:19 PM / 2 months ago

Wells Fargo planning its first post-crisis mortgage bond - Bbg

Oct 4 (Reuters) - Wells Fargo & Co is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, Bloomberg reported here 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.

Wells Fargo did not immediately respond to a request for comment. (Reporting by Bharath Manjesh in Bengaluru; Editing by Shounak Dasgupta)

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