New Issue: Wells Fargo prices $5 million market-linked notes tied to Dow Jones industrial average

New York, June 3 – Wells Fargo & Co. priced $5 million of 0% market-linked securities – upside participation and fixed percentage buffered downside due March 2, 2020 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

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

Investors will receive par if the index falls by up to the 15.864% buffer and will lose 1% for each 1% decline beyond 15.864%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities – upside participation and fixed percentage buffered downside
Underlying index:	Dow Jones industrial average
Amount:	$5 million
Maturity:	March 2, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index falls by up to 15.864%; otherwise, 1% loss per 1% drop beyond 15.864%
Initial level:	17,828.29
Threshold level:	15,000.00, 84.136% of initial level
Pricing date:	May 26
Settlement date:	May 31
Agent:	Wells Fargo Securities LLC
Fees:	3.25%
Cusip:	94986RN56

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