Wells Fargo to sell six-year CDs on Dow Jones - UBS Commodity index

By Susanna Moon

Chicago, Dec. 3 - Wells Fargo Bank, NA plans to price certificates of deposit due Dec. 28, 2015 linked to the Dow Jones - UBS Commodity index, according to a term sheet.

The payout at maturity will be par plus any gain in the index, up to a maximum payout of $1,560 to $1,660 per $1,000 deposit. The exact cap will be set at pricing.

Investors will receive at least par.

The CDs will price on Dec. 18 and settle on Dec. 28.

Incapital LLC is the distributor.

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