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Published on 1/3/2019 in the Prospect News Structured Products Daily.

New Issue: Wells Fargo sells $15.53 million Leveraged Index Return Notes on Stoxx

Chicago, Jan. 3 – Wells Fargo & Co. priced $15.53 million of 0% Leveraged Index Return Notes due Dec. 17, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 166.10% of any index gain.

Investors will receive par if the index falls by up to 25% and will lose 1% for every 1% decline beyond 25%.

Wells Fargo Securities, LLC and BofA Merrill Lynch are the agents.

Issuer:Wells Fargo & Co.
Issue:Leveraged Index Return Notes
Underlying index:Euro Stoxx 50
Amount:$15,527,790
Maturity:Dec. 17, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 166.10% of any index gain; par if index falls by up to 25%; 1% loss for every 1% decline beyond 25%
Initial index level:3,000.06
Threshold value:2,250.05, 75% of initial value
Pricing date:Dec. 20
Settlement date:Dec. 28
Agents:Wells Fargo Securities, LLC and BofA Merrill Lynch
Fees:2.25%
Cusip:94988U318

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