New Issue: Wells Fargo prices $1.27 million leveraged buffered notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., June 10 – Wells Fargo & Co. priced $1.27 million of 0% market-linked securities with leveraged upside participation to a cap and buffered downside with multiplier due Aug. 8, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the gain, subject to a maximum return of 27%. Investors will receive par if the index decreases by up to 35% and will lose 1.5385% for every 1% that the index declines beyond 35%.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities with leveraged upside participation to a cap and buffered downside with multiplier
Underlying index:	Russell 2000
Amount:	$1.27 million
Maturity:	Aug. 8, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, up to 27% maximum return; par if index declines by 35% or less; 1.5385% loss for every 1% that index declines beyond 35%
Initial index level:	1,163.041
Threshold level:	755.97665, 65% of initial level
Pricing date:	June 1
Settlement date:	June 8
Agent:	Wells Fargo Securities LLC
Fees:	0.1%
Cusip:	94986RN49

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