New Issue: Wells sells $1.41 million four-year access securities tied to S&P 500

By Susanna Moon

Chicago, Dec. 28 - Wells Fargo & Co. priced $1.41 million of 0% access securities due Dec. 31, 2014 based on the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus any index gain, with a contingent minimum return of 20%.

Investors will receive par if the index falls by 10% or less and will be exposed to any decline beyond 10%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Access securities
Underlying index:	S&P 500
Amount:	$1,407,000
Maturity:	Dec. 31, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above initial level, par plus any gain, floor of 20%; exposure to any losses beyond 10%
Initial level:	1,256.77
Buffer level:	1,131.09, 90% of initial price
Pricing date:	Dec. 23
Settlement date:	Dec. 31
Agent:	Wells Fargo Securities, LLC
Fees:	2.75%
Cusip:	94986RCD1

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