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Wells Fargo to price 4.2% fixed-rate callable notes due 2025
By William Gullotti
Buffalo, N.Y., Aug. 15 – Wells Fargo & Co. intends to price 4.2% fixed-rate callable notes due Aug. 29, 2025 (Cusip: 95001DC81), according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate is 4.2%, payable semiannually.
The notes will be callable at par on any semiannual coupon payment date.
The payout at maturity will be par.
Wells Fargo will price the notes Aug. 25 with settlement scheduled Aug. 29.
Wells Fargo Securities LLC is the agent.
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