New Issue: Wells Fargo prices $7 million leveraged upside, buffered downside notes linked to S&P 500

New York, Sept. 1 – Wells Fargo & Co. priced $7 million of 0% equity index-linked securities due Sept. 1, 2017 linked to the S&P 500 index with leveraged upside participation to a cap and buffered downside with multiplier, 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 index, up to a maximum return of 21%.

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

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Equity index-linked securities with leveraged upside participation to a cap and buffered downside with multiplier
Underlying index:	S&P 500
Amount:	$7 million
Maturity:	Sept. 1, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain capped at 21%; par if index falls by 15% or less; 1.1765% loss for every 1% decline beyond 15%
Initial index level:	1,987.66
Buffer level:	1,689.511, or 85% of initial level
Pricing date:	Aug. 28
Settlement date:	Sept. 3
Agent:	Wells Fargo Securities, LLC
Fees:	None
Cusip:	94986RYS4

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