New Issue: Wells Fargo sells $2.2 million enhanced growth notes on commodity basket

By Susanna Moon

Chicago, March 17 - Wells Fargo & Co. priced $2.2 million of 0% enhanced growth securities due March 23, 2015 linked to a basket six equally weighted of commodities, according to a 424B2 filing with the Securities and Exchange Commission.

The 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 $1,900 per $1,000 principal amount.

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

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities
Underlying basket:	Soybeans, corn, crude oil, nickel, copper and silver, equally weighted
Amount:	$2.2 million
Maturity:	March 23, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any basket gain, capped at 90%; exposure to losses beyond 20%
Initial levels:	1,270.00¢ for soybeans, 636.00¢ for corn, $97.18 for crude oil, $25,080 nickel, $8,980 for copper and 3,388.00¢ for silver
Threshold level:	80% of initial level
Pricing date:	March 15
Settlement date:	March 22
Agent:	Wells Fargo Securities, LLC
Fees:	0.25%
Cusip:	94986RDE8

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