New Issue: Wells Fargo prices $3.57 million buffered market-linked autocallables on Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Feb. 2 – Wells Fargo & Co. priced $3,574,000 of 0% market linked securities – autocallable with fixed percentage buffered downside due Feb. 8, 2021 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 8% if the index closes at or above its initial price on any annual call date.

The payout at maturity will be par unless the index falls by more 10%, in which case investors will lose 1% for each 1% index decline beyond the buffer.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market linked securities – autocallable with fixed percentage buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$3,574,000
Maturity:	Feb. 8, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless the index falls by more than 10%, in which case 1% loss for every 1% decline beyond 10%
Call:	At par plus a call premium of 8% per year if the index closes at or above its initial price on any annual call date
Initial level:	3,609.29
Threshold:	3,248.361, 90% of initial level
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Agent:	Wells Fargo Securities LLC
Fees:	1.825%
Cusip:	95000E4Z9

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