New Issue: Wells Fargo prices $2 billion 30-year notes at Treasuries plus 130 bps

By Sheri Kasprzak

New York, April 24 – Wells Fargo & Co. priced $2 billion of medium-term notes, series N, according to a 424B2 pricing supplement filed with the Securities and Exchange Commission.

The 3.9% notes priced at 99.666 to yield 3.919%, or Treasuries plus 130 basis points.

The bookrunner was Wells Fargo Securities LLC.

Issuer:	Wells Fargo & Co.
Issue:	Series N medium-term notes
Amount:	$2 billion
Maturity:	May 1, 2045
Bookrunner:	Wells Fargo Securities LLC
Co-senior managers:	RBS Securities Inc., Scotia Capital (USA) Inc., BB&T Capital Markets, Capital One Securities Inc., Desjardins Securities Inc., National Bank of Canada Financial Inc.
Co-managers:	Blaylock Beal Van LLC, CastleOak Securities LP, Drexel Hamilton LLC, Lebenthal & Co. LLC, Williams Capital Group LP
Coupon:	3.9%
Price:	99.666
Yield:	3.919%
Spread:	Treasuries plus 130 bps
Call:	Non-callable
Pricing date:	April 23
Settlement date:	April 30
Distribution:	SEC registered

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