New Issue: Wells Fargo prices $5.93 million enhanced growth notes tied to S&P 500

By Angela McDaniels

Tacoma, Wash., March 28 - Wells Fargo & Co. priced $5.93 million of 0% enhanced growth securities due April 7, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least 60% of the initial index level, the payout at maturity will be par plus 125% of the index return, subject to a minimum return of 18% and a maximum return of 70%.

If the final index level is less than 60% of the initial level, the payout will be par plus 18% minus the index decline.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities
Underlying index:	S&P 500
Amount:	$5,927,000
Maturity:	April 7, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of index return if final index level is greater than or equal to threshold level, subject to minimum return of 18% and maximum return of 70%; par plus 18% minus index decline if final index level is less than threshold level
Initial index level:	1,309.66
Threshold level:	785.8, 60% of initial level
Pricing date:	March 24
Settlement date:	March 31
Agent:	Wells Fargo Securities, LLC
Fees:	3%
Cusip:	94986RDF5

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