Wachovia Corp., founded in 1879 and headquartered in Charlotte, North Carolina, was a prominent financial services company that served as a banking and investment services powerhouse. Notably, Wachovia operated as a key player in both commercial and retail banking, offering a diverse array of products such as personal loans, mortgages, and wealth management services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WFC 4.88% 2035-11-29 GBPWachovia Corp. | United States | 2035-11-29 | 4.875 | 5.90 |
| WFC 5.50% 2035-08-01 USDWachovia Corp. | United States | 2035-08-01 | 5.500 | 5.06 |
| WFC 6.61% 2025-10-01 USDWachovia Corp. | United States | 2025-10-01 | 6.605 | 4.78 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Wachovia began issuing bonds in the early 1990s, with significant issuances reflecting its growth strategy, notably in 2006 when it issued $1 billion in bonds to support acquisitions. During its peak, Wachovia's bond yields were competitive within the industry, often attracting investors with favorable rates compared to its peers. The company, prior to its acquisition by Wells Fargo in 2008, maintained a reputation for offering bonds with innovative features, including callable options, appealing to a range of institutional investors.