By Wendy Van Sickle
Columbus, Ohio, Dec. 14 – Wells Fargo & Co. priced $342.59 million of fixed-rate callable notes due Oct. 28, 2025, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be 6% and will be payable semiannually.
The payout at maturity will be par.
The notes will be callable at par on any interest payment date after one year.
Wells Fargo Securities, LLC is the agent.
Issuer: | Wells Fargo & Co.
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Issue: | Fixed-rate callable notes
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Amount: | $342.59 million
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Maturity: | Oct. 28, 2025
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Coupon: | 6%; payable semiannually
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Price: | Par
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Payout at maturity: | Par
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Call option: | At par on any interest payment date after one year
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Pricing date: | Oct. 26
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Settlement date: | Oct. 28
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Underwriters: | Wells Fargo Securities, LLC
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Fees: | 0.45%
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Cusip: | 95001DCG3
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