New Issue: Wells Fargo sells $4.43 million enhanced return notes on index basket

By Sarah Lizee

Olympia, Wash., Jan. 8 – Wells Fargo Finance LLC priced $4.43 million of enhanced return securities with capped upside and one-to-one downside exposure due July 2, 2021 linked to an international equity index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Wells Fargo & Co.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 400% of the basket gain, subject to a maximum payment of par plus 27.4%. Investors will lose 1% for every 1% decline of the basket.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo Finance LLC
Guarantor:	Wells Fargo & Co.
Issue:	Enhanced return securities with capped upside and one-to-one downside exposure
Underlying basket:	Euro Stoxx 50 index with a 36% weight, Topix index with a 27% weight, FTSE 100 index with a 19% weight, Swiss Market index with a 10% weight and S&P/ASX 200 index with an 8% weight
Amount:	$4,428,000
Maturity:	July 2, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 400% of any basket gain, capped at par plus 27.4%; 1% loss for every 1% basket decline
Initial index levels:	3,748.47 for Stoxx, 1,721.36 for Topix, 7,587.05 for FTSE, 10,616.94 for Swiss and 6,804.855 for S&P/ASX
Pricing date:	Dec. 30
Settlement date:	Jan. 7
Agent:	Wells Fargo Securities, LLC
Fees:	1.67%
Cusip:	95001HDK4

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