Wells Fargo plans four-year enhanced growth securities on commodities

By Susanna Moon

Chicago, March 15 - Wells Fargo & Co. plans to price 0% enhanced growth securities due March 2015 linked to an equally weighted commodity basket, according to a 424B2 filing with the Securities and Exchange Commission.

The six underlying commodities are soybeans, corn, crude oil, nickel, copper and silver.

The payout at maturity will be par plus double any basket gain, up to a maximum return of 87% to 93%. The exact cap will be set at pricing.

Investors will receive par for losses up to 20% and will share in any losses beyond 20%.

Wells Fargo Securities, LLC is the agent.

The notes will price and settle in March.

The Cusip is 94986RDE8.

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