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Published on 11/22/2011 in the Prospect News Structured Products Daily.

New Issue: Wells Fargo prices $146,000 growth securities linked to Dow Jones-UBS Commodity index

By Toni Weeks

San Diego, Nov. 22 - Wells Fargo & Co. priced $146,000 of 0% growth securities with upside participation due May 28, 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 index gain, up to a maximum return of 47%. Investors will receive par if the index declines by up to 15% and will be exposed to losses beyond 15%.

Wells Fargo Securities, LLC is the agent.

Issuer:Wells Fargo & Co.
Issue:Growth securities with upside participation
Underlying index:Dow Jones-UBS Commodity index
Amount:$146,000
Maturity:May 28, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 47%; par if index falls by up to 15%; exposure to losses beyond 15%
Initial level:144.8980
Threshold level:123.1633, 85% of initial level
Pricing date:Nov. 18
Settlement date:Nov. 28
Agent:Wells Fargo Securities, LLC
Fees:2.5%
Cusip:94986RGF2

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