New Issue: Wells Fargo sells $7.56 million enhanced return notes linked to S&P 500

By Susanna Moon

Chicago, Oct. 6 – Wells Fargo & Co. priced $7.56 million of 0% enhanced return notes due Oct. 3, 2018 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 triple any index gain, up to a maximum settlement amount of $1,231 for each $1,000 principal amount.

Investors will be exposed to any losses.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co
Issue:	Enhanced return notes
Underlying index:	S&P 500 index
Amount:	$7,555,000
Maturity:	Oct. 3, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain capped at par plus 23.1%; exposure to any losses
Initial level:	2,168.27
Pricing date:	Sept. 30
Settlement date:	Oct. 7
Agent:	Wells Fargo Securities LLC
Fees:	2%
Cusip:	94986RX48

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