By Susanna Moon
Chicago, June 3 - Wells Fargo & Co. priced $3.75 million of 0% enhanced participation securities with partial principal protection due June 6, 2013 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.25 times any gain in the index.
Investors will receive par if the index falls by up to 15% and will be exposed to losses beyond 15%.
Wells Fargo Securities, LLC is the underwriter.
| Issuer: | Wells Fargo & Co.
|
| Issue: | Enhanced participation securities with partial principal protection
|
| Underlying index: | MSCI EAFE index
|
| Amount: | $3.75 million
|
| Maturity: | June 6, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.25 times any index gain; par if index falls by up to 15% and exposure to losses beyond 15%
|
| Initial level: | 2,145.47
|
| Pricing date: | May 30
|
| Settlement date: | June 6
|
| Underwriter: | Wells Fargo Securities, LLC
|
| Fees: | 3.5%
|
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