New Issue: Wells Fargo sells $19.84 million Leveraged Index Return Notes on index basket

By Marisa Wong

Morgantown, W.Va., April 12 – Wells Fargo & Co. priced $19.84 million of 0% Capped Leveraged Index Return Notes due March 26, 2021 linked to a basket of unequally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 45% weight, the MSCI EAFE index with a 27.5% weight and the MSCI Emerging Markets index with a 27.5% weight.

The payout at maturity will be par plus 200% of any basket gain, capped at par plus 16.07%.

Investors will receive par if the basket falls by up to 10% and will be exposed to losses beyond 10%.

BofA Merrill Lynch is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Capped Leveraged Index Return Notes
Underlying basket:	S&P 500 index (45% weight), MSCI EAFE index (27.5% weight) and MSCI Emerging Markets index (27.5% weight)
Amount:	$19,837,410
Maturity:	March 26, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any basket gain, capped at par plus 16.07%; par if basket falls by up to 10%; exposure to losses beyond 10%
Initial index levels:	2,815.44 for S&P, 1,865.86 for EAFE, 1,045.21 for EM
Pricing date:	March 28
Settlement date:	April 4
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	94988U177

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