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Wells Fargo to price market-linked notes on Dow Jones-UBS Commodity
By Toni Weeks
San Diego, July 6 - Wells Fargo & Co. plans to price market-linked notes due February 2018 tied to the Dow Jones-UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the index, subject to a cap of 160% to 170%. The exact cap will be set at pricing.
Investors will receive a minimum of par should the index decline.
The notes (Cusip: 94986REQ0) are expected to settle in August.
Wells Fargo Securities, LLC will be the agent.
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