New Issue: Wells prices $1.17 million 0% growth securities on iShares MSCI EM

By Jennifer Chiou

New York, Aug. 2 - Wells Fargo & Co. priced $1,173,000 of 0% growth securities with leveraged upside participation to a cap and fixed percentage buffered downside due Feb. 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 1.5 times any gain in the fund, up to a maximum return of 37%.

Investors will receive par if the shares fall 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 with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying fund:	iShares MSCI Emerging Markets index fund
Amount:	$1,173,000
Maturity:	Feb. 5, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any fund gain, capped at 37%; par if fund falls by up to 15%; exposure to losses beyond 15%
Initial level:	$39.12
Pricing date:	July 31
Settlement date:	Aug. 7
Underwriter:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RKU4

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