Wells Fargo plans market-linked notes with leverage on Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 11 – Wells Fargo & Co plans to price 0% market linked securities with leveraged upside participation and contingent downside due Feb. 7, 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 125% to 135% of any index gain.

Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below the 70% threshold level.

TD Securities (USA) LLC and Wells Fargo Securities, LLC are the agents.

The notes will price on Jan. 31 and settle on Feb. 7.

The Cusip number is 94986R3F6.

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