Published on 9/2/2011 in the Prospect News Structured Products Daily.
New Issue: Wells Fargo prices $10.6 million market-linked notes linked to Dow Jones-UBS Commodity
By Susanna Moon
Chicago, Sept. 2 - Wells Fargo & Co. priced $10.6 million of market-linked notes due March 7, 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, up to a maximum return of 60%.
If the index falls, the payout will be par.
Wells Fargo Securities, LLC will be the agent.
| Issuer: | Wells Fargo & Co.
|
| Issue: | Market-linked notes
|
| Underlying index: | Dow Jones- UBS Commodity index
|
| Amount: | $10,598,000
|
| Maturity: | March 7, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, capped at 60%; floor of par
|
| Initial level: | 164.4327
|
| Pricing date: | Aug. 31
|
| Settlement date: | Sept. 8
|
| Agent: | Wells Fargo Securities, LLC
|
| Fees: | 3%
|
| Cusip: | 94986RFA4
|
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