New Issue: Wells Fargo prices $2.49 million 3.5-year growth securities tied to iShares MSCI EM

By Susanna Moon

Chicago, Nov. 2 - Wells Fargo & Co. priced $2.49 million of 0% growth securities with upside participation and contingent downside protection due May 7, 2015 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any fund gain, up to a cap of 39%.

Investors will receive par if the shares fall by up to 20% and will be fully exposed to any losses if the drop is more than 20%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Growth securities
Underlying fund:	iShares MSCI Emerging Markets index fund
Amount:	$2,491,000
Maturity:	May 7, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any fund gain, capped at 39%; par if shares falls by up to 20%; full exposure to losses if fund drops by more than 20%
Initial level:	$40.80
Threshold level:	$32.64, or 80% of initial level
Pricing date:	Oct. 31
Settlement date:	Nov. 8
Agent:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986RFW6

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