New Issue: Wells Fargo prices $19.29 million Accelerated Return Notes linked to tech stocks

By Angela McDaniels

Tacoma, Wash., Dec. 2 – Wells Fargo Finance LLC priced $19.29 million of 0% Accelerated Return Notes due Jan. 29, 2021 linked to a basket of technology sector stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket consists of the class A common stock of Facebook, Inc., the common stock of Amazon.com, Inc., the common stock of Netflix, Inc. and the class A common stock of Alphabet Inc.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 19.8%. Investors will be exposed to any basket decline.

The notes are guaranteed by Wells Fargo & Co.

BofA Securities, Inc. is the underwriter.

Issuer:	Wells Fargo Finance LLC
Guarantor:	Wells Fargo & Co.
Issue:	Accelerated Return Notes
Underlying stocks:	Class A common stock of Facebook, Inc. (Nasdaq: FB), common stock of Amazon.com, Inc. (Nasdaq: AMZN), common stock of Netflix, Inc. (Nasdaq: NFLX) and class A common stock of Alphabet Inc. (Nasdaq: GOOGL), equally weighted
Amount:	$19,294,580
Maturity:	Jan. 29, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, capped at 19.8%; exposure to any basket decline
Initial share prices:	$198.97 for Facebook, $1,796.94 for Amazon, $312.49 for Netflix and $1,313.00 for Alphabet
Pricing date:	Nov. 26
Settlement date:	Dec. 4
Underwriters:	BofA Securities, Inc.
Fees:	2%
Cusip:	95002W776

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