New Issue: Wells Fargo prices $3.56 million enhanced growth securities on iShares real estate index

By Toni Weeks

San Diego, March 2 - Wells Fargo & Co. priced $3.56 million of 0% enhanced growth securities with leveraged upside and fixed percentage buffered downside due March 7, 2014 linked to the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2 times any index gain, capped at a maximum return of 141%. Investors will receive par if the index declines by 15% or less and will share in any losses beyond that buffer.

Wells Fargo Securities, LLC is the underwriter.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities with leveraged upside and fixed percentage buffered downside
Underlying fund:	iShares Dow Jones U.S. Real Estate index fund
Amount:	$3,563,000
Maturity:	March 7, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, capped at a maximum return of 141%; investors will lose 1% for every 1% decline in the index beyond 15%
Initial level:	$60.58
Pricing date:	Feb. 28
Settlement date:	March 7
Underwriter:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986RCS8

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