New Issue: Wells Fargo prices $1.74 million buffered enhanced notes linked to MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Jan. 26 – Wells Fargo & Co. priced $1.74 million of 0% buffered enhanced return securities with capped upside and buffered downside due July 27, 2017 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index’s final level is greater than the initial level, the payout at maturity will be par plus 140% of the index return, subject to a maximum settlement amount of $1,232.12 per $1,000 principal amount of notes. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Buffered enhanced return securities with capped upside and buffered downside
Underlying index:	MSCI EAFE
Amount:	$1,743,000
Maturity:	July 27, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 140% of gain, subject to 23.212% maximum return; par if index decreases by 15% or less; 1.1765% loss for every 1% that index declines beyond 15%
Initial level:	1,568.31
Pricing date:	Jan. 22
Settlement date:	Jan. 29
Agent:	Wells Fargo Securities LLC
Fees:	None
Cusip:	94986RD73

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