New Issue: Wells Fargo prices $1.57 million enhanced growth securities on iShares MSCI EM index fund

By Toni Weeks

San Diego, Aug. 2 - Wells Fargo & Co. priced $1.57 million of 0% enhanced growth securities with capped upside participation and fixed percentage buffered downside due Feb. 6, 2015 linked to the iShares MSCI Emerging Markets 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 33%. Investors will receive par if the fund declines by 15% 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 Emerging Markets index fund
Amount:	$1,568,000
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 33%; 1% loss for every 1% decline beyond 15%
Initial level:	$47.15
Threshold price:	$40.08, 85% of initial price
Pricing date:	July 29
Settlement date:	Aug. 5
Underwriter:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986REK3

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