Wells Fargo plans capped market-linked notes tied to iShares MSCI EAFE

By Susanna Moon

Chicago, July 13 – Wells Fargo & Co. plans to price market-linked securities due July 31, 2018 – leveraged upside participation to a cap and fixed percentage buffered downside linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any fund gain, up to a maximum return of 14%.

Investors will receive par if the fund falls by up to the buffer – which will be 21% to 26% – and will be exposed to any losses beyond the buffer, with the exact percentage to be set at pricing.

Wells Fargo Securities LLC is the agent.

The notes will price on July 26 and settle on July 29.

The Cusip number is 94986RR60.

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