Wells Fargo plans market-linked autocallables linked to Euro Stoxx 50

By Susanna Moon

Chicago, April 11 – Wells Fargo & Co. plans to price 0% market linked securities – autocallable with fixed percentage buffered downside due May 6, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 7.25% to 8.25% if the index closes at or above its initial level on any semiannual observation date.

The payout at maturity will be par unless the index falls by more than 10%, in which case investors will be exposed to any losses beyond 10%.

Wells Fargo Securities, LLC is the agent.

The notes will price on April 28.

The Cusip number is 94986R5M9.

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