New Issue: Wells Fargo prices $6.23 million market-linked notes tied to S&P 500

By Angela McDaniels

Tacoma, Wash., Dec. 2 - Wells Fargo & Co. priced $6.23 million of 0% market-linked notes due Dec. 7, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 108% of the gain. Otherwise, investors will receive par.

The final index level will be the average of the index's closing levels on the last day of May and November of each year from May 2011 through November 2016.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked notes
Underlying index:	S&P 500
Amount:	$6,227,000
Maturity:	Dec. 7, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 108% of any index gain; floor of par
Initial index level:	1,180.55
Final index level:	Average of index's closing levels on last day of May and November of each year from May 2011 through November 2016
Pricing date:	Nov. 30
Settlement date:	Dec. 7
Agent:	Wells Fargo Securities, LLC
Fees:	3%
Cusip:	94986RBP5

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