New Issue: Wells Fargo prices $4.73 million growth securities linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 3 - Wells Fargo & Co. priced $4.73 million of 0% growth securities with leveraged upside participation to a cap and buffered downside with multiplier due Sept. 1, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 123% of any index gain, subject to a maximum return of 80%. Investors will receive par if the index declines by up to 20% and will lose 1.25% for every 1% that the index declines beyond 20%.

Wells Fargo Securities, LLC is the agent

Issuer:	Wells Fargo & Co.
Issue:	Growth securities with leveraged upside participation to a cap and buffered downside with multiplier
Underlying index:	S&P 500
Amount:	$4,734,000
Maturity:	Sept. 1, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 123% of any index gain, subject to maximum return of 80%; par if index falls by up to 20%; 1.25% loss for every 1% that index declines beyond 20%
Initial index level:	1,638.17
Pricing date:	Aug. 29
Settlement date:	Sept. 4
Agent:	Wells Fargo Securities, LLC
Fees:	0.25%
Cusip:	94986RRB9

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