New Issue: Wells Fargo prices $595,000 access securities linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Jan. 30 - Wells Fargo & Co. priced $595,000 of 0% access securities with upside participation and buffered downside with multiplier due Jan. 31, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return. Investors will receive par if the index declines by 30% or less and will lose 1.4286% for every 1% that it declines beyond 30%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Access securities with upside participation and buffered downside with multiplier
Underlying index:	S&P 500
Amount:	$595,000
Maturity:	Jan. 31, 2019
Coupon:	0%
	Price:	Par
Payout at maturity:	If index return is positive, par plus index return; par if index declines by 30% or less; 1.4286% loss for every 1% that index declines beyond 30%
Initial index level:	1,792.50
Threshold level:	1,254.75, 70% of initial level
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agent:	Wells Fargo Securities, LLC
Fees:	0.25%
Cusip:	94986RSR3

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