New Issue: Wells Fargo prices $6.17 million 1% growth securities linked to S&P 500

By Susanna Moon

Chicago, June 4 - Wells Fargo & Co, priced $6.17 million of 1% growth securities - leveraged upside participation to a cap and fixed percentage buffered downside due Dec. 7, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable semiannually.

The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of 70%.

Investors will receive par if the index falls by up to 15% and will be exposed to losses beyond the 15% buffer.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Growth securities - leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	S&P 500 index
Amount:	$6.17 million
Maturity:	Dec. 7, 2017
Coupon:	1%, payable semiannually
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 70%; par if index falls by up to 15%; exposure to losses beyond 15%
Initial level:	1,310.33
Buffer level:	1,113.78, 15% of initial level
Pricing date:	May 31
Settlement date:	June 7
Agent:	Wells Fargo Securities, LLC
Fees:	2.5%
Cusip:	94986RJU6

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