Wells Fargo to price access securities linked to platinum, palladium

By Angela McDaniels

Tacoma, Wash., Dec. 6 - Wells Fargo & Co. plans to price 0% access securities due July 2014 linked to a basket holding equal weights of platinum and palladium, according to a 424B2 filling with the Securities and Exchange Commission.

The payout at maturity will be par plus any increase in the basket, subject to a maximum return of 50% to 60% that will be set at pricing. Investors will receive par if the basket declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

The notes (Cusip 94986RCC3) will settle in January.

Wells Fargo Securities, LLC is the agent.

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