By William Gullotti
Buffalo, N.Y., July 31 – Wells Fargo & Co. priced $12 million of 5.75% fixed-rate callable notes due July 27, 2027, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable semiannually.
The notes will be callable at par semiannually after one year.
The payout at maturity will be par.
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: | $12,001,000
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Maturity: | July 27, 2027
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Coupon: | 5.75% per annum; payable semiannually
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Price: | Par
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Payout at maturity: | Par
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Call option: | Semiannually at par after one year
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Pricing date: | July 25
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Settlement date: | July 27
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Agent: | Wells Fargo Securities, LLC
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Fees: | 0.8%
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Cusip: | 95001DDM9
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