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Wells Fargo plans 6.5-year market-linked notes on DJ - UBS Commodity
By Susanna Moon
Chicago, June 7 - Wells Fargo & Co. plans to price market-linked notes due January 2018 linked to the Dow Jones - UBS Commodity index, according to a term sheet.
The payout at maturity will be par plus any index gain, capped at a return of 60% to 70%. The exact cap will be set at pricing.
If the index falls, the payout will be par.
Wells Fargo Securities, LLC is the agent.
The notes (Cusip: 94986RDX6) will settle in July.
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