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Wells Fargo plans growth securities linked to Dow Jones-UBS Commodity
By Susanna Moon
Chicago, Nov. 2 - Wells Fargo & Co. plans to price 0% growth securities due May 2015 linked to the Dow Jones - UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the index, up to a maximum return of 47% to 53%. The exact cap will be set at pricing.
Investors will receive par if the index falls by up to 15% and will be exposed to any decline beyond 15%.
Wells Fargo Securities, LLC is the agent.
The notes will price on Nov. 18 and settle on Nov. 28.
The Cusip is 94986RGF2.
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