New Issue: Wells Fargo prices $15 million market-linked notes tied to index basket

By Marisa Wong

Madison, Wis., Sept. 21 - Wells Fargo & Co. priced $15 million of 0% market-linked notes due Sept. 27, 2021 tied to an equity index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 55% weight, the MSCI EAFE index with a 30% weight and the Russell 2000 index with a 15% weight.

The payout at maturity will be par plus 96.65% of any basket gain. If the basket falls, the payout will be par.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked notes
Underlying indexes:	S&P 500 index (55% weight), MSCI EAFE index (30% weight), Russell 2000 index (15% weight)
Amount:	$15 million
Maturity:	Sept. 27, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 96.65% of any basket gain; floor of par
Initial levels:	1,460.26 for S&P 500, 1,545.77 for MSCI EAFE, 851.51 for Russell 2000
Pricing date:	Sept. 19
Settlement date:	Sept. 26
Agent:	Wells Fargo Securities, LLC
Fees:	None
Cusip:	94986RLS8

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