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Published on 8/22/2008 in the Prospect News Investment Grade Daily.

New Issue: Wells Fargo $20 million add-on lifts three-year floaters to $320 million

By Andrea Heisinger

New York, Aug. 22 - Wells Fargo & Co. added $20 million to its recent issue of three-year floating-rate notes Friday, according to a 424B2 filing with the Securities and Exchange Commission.

The medium-term notes are priced at par to yield three-month Libor plus 65 basis points.

Total issuance is $320 million, including $300 million priced Thursday.

Morgan Stanley & Co., Inc. was the agent.

The financial services company is based in San Francisco.

Issuer:Wells Fargo & Co.
Issue:Floating-rate medium-term notes
Amount:$20 million add-on
Maturity:Aug. 29, 2011
Agent:Morgan Stanley & Co., Inc.
Coupon:Three-month Libor plus 65 bps
Price:Par
Yield:Three-month Libor plus 65 bps
Trade date:Aug. 22
Settlement date:Aug. 28
Total issuance:$320 million, including $300 million priced Thursday

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