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Published on 8/2/2011 in the Prospect News Structured Products Daily.

New Issue: Wells Fargo prices $687,000 enhanced growth securities linked to iShares MSCI EAFE

By Toni Weeks

San Diego, Aug. 2 - Wells Fargo & Co. priced $687,000 of 0% enhanced growth securities with capped upside participation and fixed percentage buffered downside due Feb. 6, 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 gain in the fund, capped at a maximum return of 135%. Investors will receive par if the fund declines by 10% or less and will share in any losses beyond that buffer.

Wells Fargo Securities, LLC is the underwriter.

Issuer:Wells Fargo & Co.
Issue:Enhanced growth securities with capped upside participation and fixed percentage buffered downside
Underlying fund:iShares MSCI EAFE index fund
Amount:$687,000
Maturity:Feb. 6, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any gain in the fund, capped at a maximum return of 135%; 1% loss for every 1% decline beyond 10%
Initial level:$58.65
Threshold price:$52.79, 90% of initial price
Pricing date:July 29
Settlement date:Aug. 5
Underwriter:Wells Fargo Securities, LLC
Fees:2.25%
Cusip:94986REN7

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