New Issue: Wells Fargo prices $233,000 market-linked notes tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Sept. 2 – Wells Fargo & Co. priced $233,000 of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due Aug. 31, 2020 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 1.1 times any index gain, up to a maximum return of 64%.

Investors will receive par if the index falls by up to 25% and will be exposed to any losses beyond 25%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$233,000
Maturity:	Aug. 31, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.1 times any index gain, capped at 64%; par if index falls by up to 25%; exposure to any losses beyond 25%
Initial level:	3,170.73
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agent:	Wells Fargo Securities LLC
Fees:	4%
Cusip:	94986RYL9

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