New Issue: Wells Fargo prices $3.2 million 5.1% market-linked notes on index, fund

By Susanna Moon

Chicago, Dec. 13 – Wells Fargo & Co. priced $3.2 million of 5.1% market-linked securities due Oct. 10, 2019 – fixed coupon and buffered downside with multiplier linked to the lesser performing of the iShares MSCI EAFE exchange-traded fund and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The payout at maturity will be par unless either underlying component finishes below its 80% downside threshold, in which case investors will lose 1.25% loss per 1% decline of the worse performing asset.

Wells Fargo Securities LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Market-linked securities – fixed coupon and buffered downside with multiplier
Underlying assets:	iShares MSCI EAFE ETF and Russell 2000
Amount:	$3.2 million
Maturity:	Oct. 10, 2019
Coupon:	5.1% annualized, payable monthly
Price:	Par
Payout at maturity:	Par unless either asset falls by more than 20%, in which 1.25% loss per 1% decline of worse performing asset
Initial levels:	$69.58 for fund, 1,532.414 for Russell
Thresholds:	$55.664 for fund, 1,225.9312 for Russell; 80% of initial levels
Pricing date:	Dec. 5
Settlement date:	Dec. 8
Agent:	Wells Fargo Securities LLC
Fees:	None
Cusip:	95000E4U0

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