New Issue: Wells Fargo sells $4.17 million market-linked notes tied to Euro Stoxx

By Devika Patel

Knoxville, Tenn., April 3 – Wells Fargo & Co. priced $4.17 million of 0% market-linked securities with leveraged upside participation and contingent downside due Oct. 4, 2021 linked to the Euro Stoxx 50, 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 195% of the gain. Investors will receive par if the index decreases by up to 30% and will lose 1% for each 1% decline from the initial level if the index falls beyond 30%.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities with leveraged upside participation and contingent downside Underlying index:	Euro Stoxx 50
Amount:	$4.17 million
Maturity:	Oct. 4, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 195% of any index gain; par if index declines by 30% or less; 1% loss for every 1% that index declines from initial level if index falls beyond 30%
Initial index level:	3,481.58
Threshold price:	2,437.106, 70% of initial share price
Pricing date:	March 30
Settlement date:	April 4
Agent:	Wells Fargo Securities, LLC
Fees:	2.325%
Cusip:	94986R4W8

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