New Issue: Wells Fargo prices $2 million notes linked to Russell 2000 with contingent fixed return

By Angela McDaniels

Tacoma, Wash., Jan. 4 - Wells Fargo & Co. priced $2 million of 0% equity-linked securities due Feb. 20, 2015 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the threshold level, 85% of the initial index level, the payout at maturity will be 113% of par. Otherwise, investors will lose 1.1765% for every 1% that the index declines below the threshold level.

Wells Fargo Securities, LLC is the underwriter.

Issuer:	Wells Fargo & Co.
Issue:	Equity-linked securities
Underlying index:	Russell 2000
Amount:	$2 million
Maturity:	Feb. 20, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to threshold level, 113% of par; otherwise, 1.1765% loss for every 1% that index declines below threshold level
Initial index level:	873.42
Threshold level:	742.407, 85% of initial level
Pricing date:	Jan. 2
Settlement date:	Jan. 7
Underwriter:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RMR9

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