Wells Fargo (WFC) Says Disappointed in Cancellation of Seattle Municipal Light and Power Revenue Bonds Facility
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Wells Fargo Media Statement Regarding City of Seattle Municipal Light and Power Revenue Bonds Facility
October 7, 2016 6:46 PM EDTSEATTLE--(BUSINESS WIRE)-- Wells Fargo is disappointed that the City of Seattle has decided to cancel our investment in its municipal light and power revenue bonds facility, which would have used the banks very strong balance sheet to help the city manage its capital.
We are proud of the support we have diligently and professionally provided the city as its operating bank since 1999 to support its government, communities, and residents. Our highly experienced and proven government banking, securities, and treasury management teams stand ready to continue delivering outstanding service to the... More
