New Issue: Wells Fargo prices $7.16 million buffered enhanced notes on S&P 500

New York, Dec. 7 – Wells Fargo & Co. priced $7.16 million of 0% buffered enhanced return securities with capped upside and buffered downside due Sept. 8, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index’s final level is greater than the initial level, the payout at maturity will be par plus 150% of the index return, subject to a maximum settlement amount of $1,162.60 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Buffered enhanced return securities with capped upside and buffered downside
Underlying index:	S&P 500
Amount:	$7,155,000
Maturity:	Sept. 8, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of gain, subject to 16.26% maximum return; par if index decreases by 10% or less; 1.1111% loss for every 1% that index declines beyond 10%
Initial level:	2,049.62
Pricing date:	Dec. 3
Settlement date:	Dec. 10
Agent:	Wells Fargo Securities LLC
Fees:	1.8%
Cusip:	94986RA84

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