New Issue: Wells Fargo prices $10 million protected market-linked notes tied to index basket

By Marisa Wong

Madison, Wis., March 20 - Wells Fargo & Co. priced $10 million of market-linked notes due March 27, 2023 tied to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 55% weight, the MSCI EAFE index with a 30% weight and the Russell 2000 index with a 15% weight.

The payout at maturity will be par plus 102.77% times any basket gain.

If the basket falls, the payout will be par.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked notes
Underlying basket:	S&P 500 index (55% weight), MSCI EAFE index (30% weight), Russell 2000 index (15% weight)
Amount:	$10 million
Maturity:	March 27, 2023
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 102.77% times any basket gain; if basket falls, par
Initial levels:	1,872.25 for S&P, 1,205.0392 for Russell, 1,888.12 for MSCI EAFE
Pricing date:	March 18
Settlement date:	March 27
Agent:	Wells Fargo Securities, LLC
Fees:	None
Cusip:	94986RTM3

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