Wells Fargo to price market-linked securities tied to MSCI EM ETF

New York, Nov. 15 – Wells Fargo Finance LLC plans to price 0% market-linked securities with leveraged upside participation to a cap and a fixed percentage buffered downside due Sept. 7, 2021 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of the ETF return capped at par plus 27% to 32%.

Investors will receive par if the ETF falls by up to the 15% buffer amount and will lose 1% for every 1% that the ETF declines beyond the buffer.

Wells Fargo Securities, LLC is the agent.

The notes (Cusip: 95001H2M2) will price on Feb. 28 and settle on March 7.

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