New Issue: Wells Fargo prices $7.19 million access securities linked to four ETFs

By Angela McDaniels

Tacoma, Wash., Sept. 29 - Wells Fargo & Co. priced $7.19 million of 0% access securities due April 7, 2014 linked to a basket of exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the SPDR S&P 500 exchange-traded fund trust with a 45% weight, the iShares MSCI EAFE index fund with a 20% weight, the iShares Russell 2000 index fund with a 20% weight and the iShares MSCI Emerging Markets index fund with a 15% weight.

The payout at maturity will be par plus any basket gain, subject to a minimum return of 25% and a maximum return of 42%. Investors will receive par if the basket falls by 20% or less and will lose 1.25% for every 1% decline beyond 20%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Access securities
Underlying ETFs:	SPDR S&P 500 exchange-traded fund trust (45% weight), iShares MSCI EAFE index fund (20% weight), iShares Russell 2000 index fund (20% weight) and iShares MSCI Emerging Markets index fund (15% weight)
Amount:	$7,193,000
Maturity:	April 7, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, subject to minimum return of 25% and maximum return of 42%; par if basket falls by 20% or less; 1.25% loss for every 1% decline beyond 20%
Pricing date:	Sept. 27
Settlement date:	Oct. 1
Agent:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986RBA8

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