New Issue: Wells Fargo sells $6.43 million digital securities with buffered downside on Stoxx

By Wendy Van Sickle

Columbus, Ohio, Feb. 12 – Wells Fargo Finance LLC priced $6.43 million of 0% digital securities with buffered downside due Dec. 15, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 12.5%, the payout at maturity will be $1,123 per $1,000 principal amount of notes. If the index return is less than negative 12.5%, investors will lose 1.1429% for every 1% that the index declines beyond 12.5%.

The notes are guaranteed by Wells Fargo & Co.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo Finance LLC
Guarantor:	Wells Fargo & Co.
Issue:	Digital securities with buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$6.43 million
Maturity:	Dec. 15, 2021
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 12.5%, $1,123 per $1,000 principal amount; if index return is less than negative 12.5%, 1.1429% loss for every 1% that index declines beyond 12.5%
Initial level:	3,805.52
Threshold level:	3,329.83, 87.5% of initial level
Pricing date:	Feb. 6
Settlement date:	Feb. 13
Agent:	Wells Fargo Securities, LLC
Fees:	None
Cusip:	95001HEV9

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