New Issue: Wells Fargo prices $3.27 million market-linked notes on Russell

By Wendy Van Sickle

Columbus, Ohio, March 13 – Wells Fargo & Co. priced 3.27 million of 0% market-linked securities—contingent fixed return and fixed percentage buffered downside due Sept. 4, 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 13.5%.

If the index falls by up to 10%, the payout will be par.

If the index falls by more than 20%, investors will lose 1% for every 1% decline beyond 10%

Wells Fargo Securities is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities—contingent fixed return and fixed percentage buffered downside
Underlying index:	Russell 2000 index
Amount:	$3,272,000
Maturity:	Sept. 4, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus 13.5%; if the index falls by up to 10%, par; 1% loss for every 1% drop beyond 10%
Initial level:	1,571.965
Threshold level:	1,414.7685, 90% of initial level
Pricing date:	March 8
Settlement date:	March 13
Agent:	Wells Fargo Securities
Fees:	0.05%
Cusip:	95001B2S2

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