New Issue: Wells Fargo sells $11.46 million capped leveraged index return notes on Russell

By Sarah Lizee

Olympia, Wash., Dec. 11 – Wells Fargo Finance LLC priced $11.46 million of 0% Capped Leveraged Index Return Notes due Nov. 26, 2021 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, capped at 15.2%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

The notes are guaranteed by Wells Fargo & Co.

BofA Securities, Inc. is the agent.

Issuer:	Wells Fargo Finance LLC
Guarantor:	Wells Fargo & Co.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Russell 2000
Amount:	$11,458,150
Maturity:	Nov. 26, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at 15.2%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial value:	1,624.231
Buffer value:	1,461.808, 90% of initial value
Pricing date:	Nov. 26
Settlement date:	Dec. 4
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	95002W784

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