New Issue: Wells Fargo sells $2 billion 3.75% five-year notes at Treasuries plus 145 bps

By Andrea Heisinger

New York, Sept. 24 - Wells Fargo & Co. priced $2 billion of 3.75% five-year medium-term notes Thursday to yield Treasuries plus 145 basis points, an informed source said.

The non-callable notes (A1/AA-/AA-) priced at 99.837 to yield 3.786%.

Bookrunners were Goldman Sachs & Co., Morgan Stanley & Co. Inc. and Wells Fargo Securities.

Co-managers were Blaylock Robert Van LLC, Cabrera Capital Markets LLC, CastleOak Securities LP, Loop Capital Markets LLC and Williams Capital Group LP.

The financial services company is based in San Francisco.

Issuer:	Wells Fargo & Co.
Issue:	Medium-term notes
Amount:	$2 billion
Maturity:	Oct. 1, 2014
Bookrunners:	Goldman Sachs & Co., Morgan Stanley & Co. Inc., Wells Fargo Securities
Co-managers:	Blaylock Robert Van LLC, Cabrera Capital Markets LLC, CastleOak Securities LP, Loop Capital Markets LLC, Williams Capital Group LP
Coupon:	3.75%
Price:	99.837
Yield:	3.786%
Spread:	Treasuries plus 145 bps
Call:	Non-callable
Trade date:	Sept. 24
Settlement date:	Oct. 1
Ratings:	Moody's: A1
	Standard & Poor's: AA-
	Fitch: AA-

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