New Issue: Wells Fargo prices $8.26 million enhanced growth securities linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Feb. 2 - Wells Fargo & Co. priced $8.26 million of 0% enhanced growth securities with contingent protection due Feb. 6, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.21 times any index gain. Investors will receive par if the index declines by 40% or less and will receive par plus the index return if it declines by more than 40%.

Wells Fargo Securities, LLC is the underwriter.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities with contingent protection
Underlying index:	S&P 500
Amount:	$8.26 million
Maturity:	Feb. 6, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.21 times any index gain; par if index falls by 40% or less; par plus index return if index falls by more than 40%
Initial index level:	1,073.87
Pricing date:	Jan. 29
Settlement date:	Feb. 5
Underwriter:	Wells Fargo Securities, LLC
Fees:	3%

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