New Issue: Wells Fargo prices $14.17 million Accelerated Return Notes on Russell

By Sarah Lizee

Olympia, Wash., Sept. 5 – Wells Fargo Finance LLC priced $14.17 million of 0% Accelerated Return Notes due Oct. 30, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any index gain, subject to a maximum return of 14.46%. Investors will be exposed to any index decline.

The notes are guaranteed by Wells Fargo & Co.

BofA Securities, Inc. is the underwriter.

Issuer:	Wells Fargo Finance LLC
Guarantor:	Wells Fargo & Co.
Issue:	Accelerated Return Notes
Underlying index:	Russell 2000 index
Amount:	$14,169,000
Maturity:	Oct. 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 14.46%; exposure to any index decline
Initial level:	1,496.720
Pricing date:	Aug. 29
Settlement date:	Sept. 6
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	95002W875

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