New Issue: Wells Fargo prices $1.51 million growth securities linked to S&P 500

By Toni Weeks

San Diego, March 2 - Wells Fargo & Co. priced $1.51 million of 0% growth securities with upside participation to a cap and fixed percentage buffered downside due Sept. 8, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, subject to a maximum return of 35%. Investors will receive par if the index declines by up to 15% and will be exposed to losses beyond 15%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Growth securities with upside participation to a cap and fixed percentage buffered downside
Underlying index:	S&P 500
Amount:	$1,511,000
Maturity:	Sept. 8, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 35%; exposure to losses beyond 15%
Initial level:	1,365.68
Threshold level:	1,160.83, 85% of initial level
Pricing date:	Feb. 29
Settlement date:	March 7
Agent:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RHJ3

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