| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers W > Headlines for Wells Fargo & Co. > News item |
Wells Fargo plans 3.5-year enhanced growth notes on iShares MSCI EAFE
By Susanna Moon
Chicago, July 8 - Wells Fargo & Co. plans to price 0% enhanced growth securities due February 2015 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any fund gain, up to a maximum return of 35% to 40%.
Investors will receive par if the shares fall by up to 10% and will share in any decline beyond 10%.
Wells Fargo Securities, LLC is the underwriter.
The notes will settle in August.
The Cusip is 94986REN7.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.