New Issue: Wells Fargo prices $4.2 million growth securities linked to four ETFs

By Jennifer Chiou

New York, March 2 - Wells Fargo & Co. priced $4,195,000 of 0% growth securities due Sept. 8, 2016 linked to a basket of exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the SPDR S&P 500 ETF trust with a 45% weight, the iShares Russell 2000 index fund with a 20% weight, the iShares MSCI EAFE index fund with a 20% weight and the iShares MSCI Emerging Markets index fund with a 15% weight.

The payout at maturity will be par plus 150% of any increase in the basket, subject to a maximum return of 50%. Investors will receive par if the basket declines by 20% or less and will lose 1% for every 1% that the basket declines beyond 20%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Growth securities
Underlying ETFs:	SPDR S&P 500 ETF trust (45% weight), iShares Russell 2000 index fund (20% weight), iShares MSCI EAFE index fund (20% weight) and iShares MSCI Emerging Markets index fund (15% weight)
Amount:	$4,195,000
Maturity:	Sept. 8, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket increase, subject to maximum return of 50%; par if basket declines by 20% or less; 1% loss for every 1% that basket declines beyond 20%
Initial share prices:	$136.87 for SPDR S&P 500, $80.99 for iShares Russell 2000, $54.70 for iShares MSCI EAFE and $44.31 for iShares MSCI Emerging Markets
Pricing date:	Feb. 29
Settlement date:	March 7
Agent:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986RHF1

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