New Issue: Wells Fargo prices $1.96 million digital securities linked to MSCI EAFE

By Marisa Wong

Los Angeles, Jan. 24 – Wells Fargo Finance LLC priced $1.96 million of 0% digital securities with buffered downside due Jan. 12, 2022 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Wells Fargo & Co.

If the index return is greater than or equal to negative 12.5%, the payout at maturity will be par plus 10.8%. If the index return is less than negative 12.5%, investors will lose 1.1429% for every 1% that the index declines beyond 12.5%.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo Finance LLC
Guarantor:	Wells Fargo & Co.
Issue:	Digital securities with buffered downside
Underlying index:	MSCI EAFE
Amount:	$1,956,000
Maturity:	Jan. 12, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 12.5%, par plus 10.8%; if index return is less than negative 12.5%, 1.1429% loss for every 1% that index declines beyond 12.5%
Initial level:	2,051.63
Pricing date:	Jan. 22
Settlement date:	Jan. 29
Agent:	Wells Fargo Securities, LLC
Fees:	None
Cusip:	95001HE56

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