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Published on 5/18/2016 in the Prospect News Structured Products Daily.

New Issue: Wells Fargo prices $855,000 buffered enhanced return securities linked to MSCI EAFE

New York, May 18 – Wells Fargo & Co. priced $855,000 of buffered enhanced return securities with capped upside and buffered downside due Nov. 16, 2017 linked to the MSCI EAFE Index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum payment of par plus 17.145%. Investors will receive par if the index falls by up to 15% and lose 1.1765% for every 1% decline in the index beyond 15%

The agent is Wells Fargo Securities.

Issuer:Wells Fargo & Co.
Issue:Buffered enhanced return securities with capped upside and buffered downside
Underlying stock:MSCI EAFE Index
Amount:$855,000
Maturity:Nov. 16, 2017
Coupon:0%
Price:Par of 100
Payout at maturity:If index return is positive, par plus 150% of index return, subject to maximum payment of par plus 17.145%; par if index falls by up to 15%; 1.1765% loss for every 1% decline in index beyond 15%
Initial index level:1,654.77
Pricing date:May 11
Settlement date:May 18
Agents:Wells Fargo Securities
Fees:0%
Cusip:94986RM73

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