Wells Fargo plans ETF-linked securities on iShares MSCI EAFE

By Jennifer Chiou

New York, Jan. 8 – Wells Fargo & Co. plans to price 0% ETF-linked securities with leveraged upside participation to a cap and fixed buffered downside with multiplier due September 2016 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any gain in the fund, up to a to-be-determined maximum return.

Investors will receive par if the fund falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

The notes (Cusip: 94986RVR9) will price and settle in January.

Wells Fargo Securities LLC is the agent.

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