New Issue: Wells Fargo prices $4.06 million market-linked notes tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Oct. 2 – Wells Fargo & Co. priced $4.06 million of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due April 3, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of 15.8%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	S&P 500
Amount:	$4,057,000
Maturity:	April 3, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, capped at 15.8%; par if index falls by up to 10%; exposure to any losses beyond 10%
Initial level:	1,931.34
Threshold level:	1,738.206, 90% of initial level
Pricing date:	Sept. 25
Settlement date:	Oct. 2
Agent:	Wells Fargo Securities LLC
Fees:	0.1%
Cusip:	94986RZD6

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