New Issue: Wells Fargo prices $154,000 market-linked notes tied to the Dow

By Toni Weeks

San Luis Obispo, Calif., Jan. 29 – Wells Fargo & Co. priced $154,000 of 0% market-linked securities with upside participation and fixed percentage buffered downside due Jan. 30, 2020 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the index. Investors will receive par if the index falls by 15% or more and will lose 1% for every 1% decline in the index beyond 15%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities
Underlying index:	Dow Jones industrial average
Amount:	$154,000
Maturity:	Jan. 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index falls by up to 15%; exposure to losses beyond 15% buffer
Initial level:	17,387.21
Threshold level:	14,779.1285, 85% of initial level
Pricing date:	Jan. 27
Settlement date:	Jan. 30
Agent:	Wells Fargo Securities LLC
Fees:	4%
Cusip:	94986RVQ1

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