New Issue: Wells Fargo sells $5.79 million market-linked notes tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Sept. 11 – Wells Fargo & Co. priced $5.79 million of 0% market-linked securities with leveraged upside participation and contingent downside due Sept. 8, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 188% of any index gain.

Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline from the initial level if the index falls by more than 20%.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities with leveraged upside participation and contingent downside
Underlying index:	Euro Stoxx 50
Amount:	$5,788,000
Maturity:	Sept. 8, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 188% of any index gain; par if the index falls by up to 20%; 1% loss for each 1% decline from the initial level if the index falls by more than 20%
Initial level:	3,403.71
Threshold level:	2,722.968, 80% of initial level
Pricing date:	Aug. 30
Settlement date:	Sept. 7
Agent:	Wells Fargo Securities LLC
Fees:	2.075%
Cusip:	95000E2M0

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