By Marisa Wong
Madison, Wis., March 1 - Wells Fargo & Co. priced $1.35 million of market-linked notes due March 6, 2020 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The ending level of the index will be the average of its closing levels on the quarterly calculation days beginning May 2013 and ending February 2020.
The payout at maturity will be par plus the greater of the index return and a minimum return of 0%.
Wells Fargo Securities, LLC is the agent.
| Issuer: | Wells Fargo & Co.
|
| Issue: | Market-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $1.35 million
|
| Maturity: | March 6, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus greater of index return and 0%; ending level is average of index closing values on quarterly calculation days beginning May 2013 and ending February 2020
|
| Initial level: | 1,515.99
|
| Pricing date: | Feb. 27
|
| Settlement date: | March 6
|
| Agent: | Wells Fargo Securities, LLC
|
| Fees: | 1.5%
|
| Cusip: | 94986RNG2
|
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