New Issue: Wells Fargo prices $10.1 million notes linked to S&P 500, Euro Stoxx 50, Nikkei 225

By Angela McDaniels

Seattle, Feb. 2 - Wells Fargo & Co. priced $10,111,000 of 0% principal-protected minimum return notes due Feb. 7, 2011 linked to a world equity index basket, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus the greater of the minimum return amount, $140 per $1,000 principal amount of notes, and the performance of the three indexes on valuation dates that fall on the last trading day of each January between 2007 and 2011.

Issuer:	Wells Fargo & Co.
Issue:	Principal-protected minimum return notes
Underlying indexes:	S&P 500 index, Dow Jones Euro Stoxx 50 index, Nikkei 225 index, equally weighted
Amount:	$10,111,000
Maturity:	Feb. 7, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus greater of $140 per $1,000 principal amount of notes and the basket return, which is the average of its value on the last trading day of each January between 2007 and 2011
Pricing date:	Jan. 31
Settlement date:	Feb. 7
Underwriter:	Wells Fargo Securities LLC

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.