New Issue: Wells Fargo sells $6.12 million market-linked notes tied to Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, April 7 – Wells Fargo & Co. priced $6.12 million of 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due April 5, 2022 linked to the Euro Stoxx 50 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 175% of the gain, capped at par plus 120%. Investors will receive par if the index decreases by up to 20% and will lose 1% for each 1% decline from the initial level if the index falls beyond 20%.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities with leveraged upside participation and fixed percentage buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$6,116,000
Maturity:	April 5, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 175% of index gain, capped at par plus 120%; par if index declines by 20% or less; 1% loss for every 1% that index declines from initial level if index falls beyond 20%
Initial index level:	3,500.93
Pricing date:	March 31
Settlement date:	April 5
Agent:	Wells Fargo Securities, LLC
Fees:	2.62%
Cusip:	94986R5A5

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