New Issue: Wells Fargo prices $1.04 million buffered enhanced return notes on EAFE

By Devika Patel

Knoxville, Tenn., Dec. 14 – Wells Fargo & Co. priced $1,038,000 of 0% buffered enhanced return securities due July 13, 2017 with capped upside participation and buffered downside exposure linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of 21%.

Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for each 1% decline beyond 12.5%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Buffered enhanced return securities with capped upside and buffered downside
Underlying index:	MSCI EAFE
Amount:	$1,038,000
Maturity:	July 13, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, capped at 21%; par if index falls by 12.5% or less; 1.1429% loss for every 1% decline beyond 12.5%
Initial index level:	1,705.53
Buffer level:	1,492.33875, or 87.5% of initial level
Pricing date:	Dec. 10
Settlement date:	Dec. 17
Agent:	Wells Fargo Securities, LLC
Fees:	None
Cusip:	94986RB83

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