New Issue: Wells Fargo prices $3.11 million growth securities tied to fund basket

By Susanna Moon

Chicago, Dec. 29 - Wells Fargo & Co. priced $3.11 million of 0% growth securities with upside participation to a cap and fixed percentage buffered downside due July 8, 2016 linked to a basket of funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the SPDR S&P 500 ETF Trust with a 45% weight, the iShares MSCI EAFE index fund with a 20% weight, the iShares Russell 2000 index fund with a 20% weight and the iShares MSCI Emerging Markets index fund with a 15% weight.

The payout at maturity will be par plus 1.5 times any basket gain, up to a maximum return of 67%.

Investors will receive par if the basket falls by up to 20% and will be exposed to any losses beyond 20%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Growth securities
Underlying basket:	SPDR S&P 500 ETF Trust (45% weight), the iShares MSCI EAFE index fund (20% weight), the iShares Russell 2000 index fund (20% weight) and the iShares MSCI Emerging Markets index fund (15% weight)
Amount:	$3,108,000
Maturity:	July 8, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket gain, capped at 67%; par if basket falls by up to 20%; exposure to losses beyond 20%
Initial fund levels:	$124.92 for S&P, $48.43 for MSCI EAFE, $73.52 for Russell and $37.49 for EM
Threshold level:	80% of initial price
Pricing date:	Dec. 28
Settlement date:	Jan. 4
Agent:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986RGQ8

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