New Issue: Wells Fargo prices $818,000 buffered enhanced return securities linked to MSCI EAFE

New York, Dec. 8 – Wells Fargo & Co. priced $818,000 of buffered enhanced return securities with capped upside and buffered downside due Nov. 9, 2018 linked to the MSCI EAFE Index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum payment of par plus 24.09%. Investors will receive par if the index falls by up to 12.5% and lose 1.1429% for every 1% decline in the index beyond 12.5%

The agent is Wells Fargo Securities.

Issuer:	Wells Fargo & Co.
Issue:	Buffered enhanced return securities with capped upside and buffered downside
Underlying stock:	MSCI EAFE Index
Amount:	$818,000
Maturity:	Nov. 9, 2018
Coupon:	0%
Price:	Par of 100
Payout at maturity:	If index return is positive, par plus 150% of index return, subject to maximum payment of par plus 24.09%; par if index falls by up to 12.5%; 1.1429% loss for every 1% decline in index beyond 12.5%
Initial index level:	1,653.06
Pricing date:	Dec. 6
Settlement date:	Dec. 13
Agents:	Wells Fargo Securities
Fees:	0%
Cusip:	94986R2P5

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