Wells Fargo to price upside participation notes linked to Dow

By Angela McDaniels

Tacoma, Wash., Oct. 5 - Wells Fargo & Co. plans to price 0% upside participation equity-linked notes due May 2018 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the greater of the minimum return and the index return. The minimum return is expected to be 3% to 6% and will be set at pricing.

The final index level will the average of the index's closing levels on the last trading day of each April and October from April 2012 to April 2018.

The notes (Cusip: 94986RFX4) will settle in November.

Wells Fargo Securities, LLC is the agent.

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