Wells Fargo plans 2.5-year enhanced growth notes tied to Russell 2000

By Susanna Moon

Chicago, Jan. 3 - Wells Fargo & Co. plans to price 0% enhanced growth securities due August 2013 based on the performance of the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of $1,270 to $1,320 per $1,000 principal amount.

Investors will receive par for losses up to 10% and will share in the losses beyond 10%.

The notes (Cusip: 94986RCK5) will settle in February.

Wells Fargo Securities, LLC is the agent.

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