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Published on 9/3/2013 in the Prospect News Structured Products Daily.

New Issue: Wells Fargo prices $783,000 access securities on iShares MSCI EM

By Angela McDaniels

Tacoma, Wash., Sept. 3 - Wells Fargo & Co. priced $783,000 of 0% access securities due Sept. 3, 2015 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund's final share price is greater than or equal to the initial share price, the payout at maturity will be par plus the fund return, subject to a maximum return of 12.5%. 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:iShares MSCI Emerging Markets index fund
Amount:$783,000
Maturity:Sept. 3, 2015
Coupon:0%
Price:Par
Payout at maturity:If final share price is greater than or equal to initial share price, par plus fund return, capped at 12.5%; if fund falls by up to 20%, par; 1% loss for every 1% decline beyond 20%
Initial share price:$37.72
Threshold price:$30.17, 80% of initial price
Pricing date:Aug. 29
Settlement date:Sept. 4
Agent:Wells Fargo Securities, LLC
Fees:None
Cusip:94986RRD5

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