Wells Fargo plans four-year market-linked notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Aug. 5 – Wells Fargo & Co. plans to price 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due Sept. 9, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.75 times any index gain, up to a maximum return of 40% to 45% that will be set at pricing.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%.

Wells Fargo Securities, LLC is the agent.

The notes will price Aug. 31 and settle Sept. 8.

The Cusip number is 94986RYE5.

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