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Published on 8/2/2013 in the Prospect News Structured Products Daily.

New Issue: Wells Fargo prices $8.08 million market-linked notes tied to S&P 500

By Toni Weeks

San Luis Obispo, Calif., Aug. 2 - Wells Fargo & Co. priced $8.08 million 0% market-linked notes due Aug. 7, 2020 tied 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 the greater of the index return and the 12.5% minimum return.

The ending level will be the average of the closing index levels on the last trading day of each January, April, July and October, beginning October 2013.

Wells Fargo Securities, LLC will be the agent.

Issuer:Wells Fargo & Co.
Issue:Market-linked notes
Underlying index:S&P 500
Amount:$8,083,000
Maturity:Aug. 7, 2020
Coupon:0%
Price:Par
Payout at maturity:Par plus greater of index return and 12.5%
Initial level:1,685.73
Final level:Average of the closing index levels on the last trading day of each January, April, July and October, beginning October 2013
Pricing date:July 31
Settlement date:Aug. 8
Agent:Wells Fargo Securities, LLC
Fees:1.5%
Cusip:94986RQR5

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