By Kiku Steinfeld
Chicago, March 2 – Wells Fargo Finance LLC priced $858,000 of 0% market-linked securities with leveraged upside participation and partial principal return at maturity due Feb. 28, 2022 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Wells Fargo & Co.
The payout at maturity will be par plus 1.26 times any index gain.
If the index finishes flat or declines, investors will receive par plus the index return, subject to a minimum payout of $850 per note.
Wells Fargo Securities, LLC is the agent.
Issuer: | Wells Fargo Finance LLC
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Guarantor: | Wells Fargo & Co.
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Issue: | Market-linked securities – leveraged upside participation and partial principal return at maturity
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Underlying index: | MSCI EAFE
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Amount: | $858,000
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Maturity: | Feb. 28, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.26 times any index gain; if index falls, par plus the index return, subject to minimum payout of $850 per note
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Initial level: | 1908.58
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Pricing date: | Feb. 26
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Settlement date: | Feb. 28
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Agent: | Wells Fargo Securities, LLC
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Fees: | None
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Cusip: | 95001HFH9
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