New Issue: Wells Fargo prices $1.13 million access securities linked to S&P 500

By Jennifer Chiou

New York, Jan. 27 - Wells Fargo & Co. priced $1.13 million of 0% access securities with upside participation and fixed percentage buffered downside due Jan. 30, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the gain, subject to a minimum return of 20%.

If the index return is between 0% and negative 10%, the payout will be par. Investors will share in losses beyond 10%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Access securities
Underlying index:	S&P 500
Amount:	$1,125,000
Maturity:	Jan. 30, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any positive index return, subject to minimum return of 20%; par if index return is between 0% and negative 10%; investors share in losses beyond 10%
Initial index level:	1291.18
Pricing date:	Jan. 25
Settlement date:	Jan. 31
Underwriter:	Wells Fargo Securities, LLC
Fees:	2.75%
Cusip:	94986RCQ2

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