New Issue: Wells Fargo sells $1.28 million access securities on SPDR S&P 500 ETF

By Marisa Wong

Madison, Wis., June 17 - Wells Fargo & Co. priced $1.28 million of 0% access securities due June 18, 2015 linked to the SPDR S&P 500 ETF trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund's final level is greater than or equal to the initial level, the payout at maturity will be par plus the fund return, subject to a maximum return of 13.3%. Investors will receive par if the fund falls by up to 20% and will lose 1% for every 1% that it declines beyond 20%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Access securities
Underlying ETF:	SPDR S&P 500 ETF trust
Amount:	$1,284,000
Maturity:	June 18, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If final price is at or above initial price, par plus fund return, capped at 13.3%; if fund falls by up to 20%, par; 1% loss for every 1% drop beyond 20%
Initial price:	$164.22
Threshold price:	$131.38, 80% of initial price
Pricing date:	June 13
Settlement date:	June 18
Agent:	Wells Fargo Securities, LLC
Fees:	None
Cusip:	94986RQC8

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