Wells Fargo plans six-year market-linked notes tied to S&P 500 index

By Jennifer Chiou

New York, Feb. 4 - Wells Fargo & Co. plans to price market-linked notes due March 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable semiannually at a rate of 1% to 1.25% per year. The exact rate will be set at pricing.

The performance of the index will be observed semiannually over the life of the notes.

If the average performance of the index is greater than the cumulative interest amount, investors will receive the excess amount at maturity.

Investors will receive at least par.

The notes (Cusip: 94986RCW9) will settle in March.

Wells Fargo Securities, LLC is the agent.

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