New Issue: Wells Fargo prices $1.05 million growth notes linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., June 29 - Wells Fargo & Co. priced $1.05 million of 0% growth securities with leveraged upside participation to a cap and fixed percentage buffered downside due Jan. 5, 2016 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 150% of any increase in the exchange-traded fund's share price, subject to a maximum return of 37%. Investors will receive par if the share price declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Growth securities with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying ETF:	iShares MSCI Emerging Markets index fund
Amount:	$1,045,000
Maturity:	Jan. 5, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any ETF increase, subject to maximum return of 37%; par if ETF declines by 15% or less; 1% loss for every 1% that ETF declines beyond 15%
Initial share price:	$37.65
Pricing date:	June 27
Settlement date:	July 5
Agent:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RKA8

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