New Issue: Wells Fargo prices $6.18 million 0% enhanced growth securities on iShares MSCI EM fund

By Jennifer Chiou

New York, June 25 - Wells Fargo & Co. priced $6.18 million of 0% enhanced growth securities with capped upside and contingent downside protection due July 8, 2015 linked to the iShares MSCI Emerging Markets index fund via Wells Fargo Securities, LLC, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 125% of any gain in the fund shares, up to a maximum redemption of $2,300 per note.

Investors will receive par for losses up to 40% and will share fully in any losses if the ending level breaches the threshold level.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities with capped upside and contingent downside protection
Underlying index fund:	iShares MSCI Emerging Markets
Amount:	$6,178,000
Maturity:	July 8, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any index fund gain, up to maximum return of 230% of par; investors will get par for losses up to 40% and will share fully in any losses if the ending level breaches the threshold level
Initial index fund level:	$39.66
Threshold price:	$23.80, 60% of initial level
Pricing date:	June 23
Settlement date:	June 28
Underwriter:	Wells Fargo Securities, LLC
Fees:	3%
Cusip:	94986RAE1

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