New Issue: Wells Fargo prices $2.14 million leveraged buffered notes linked to SPDR S&P 500

New York, Dec. 1 – Wells Fargo & Co. priced $2.14 million of 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due June 7, 2019 linked to the SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the trust return is positive, the payout at maturity will be par plus 150% of the gain, subject to a maximum return of 45%. Investors will receive par if the trust decreases by up to 15% and will lose 1% for every 1% that the trust declines beyond 15%.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities
Underlying trust:	SPDR S&P 500 ETF Trust
Amount:	$2,144,000
Maturity:	June 7, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any trust gain, up to 45% maximum return; par if trust declines by 15% or less; 1% loss for every 1% that trust declines beyond 15%
Initial share price:	$207.64
Threshold price:	$176.494, 85% of the initial value
Pricing date:	Nov. 26
Settlement date:	Dec. 4
Agent:	Wells Fargo Securities LLC
Fees:	1.575%
Cusip:	94986RVE8

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