New Issue: Wells Fargo prices $3.31 million growth securities linked to S&P 500

By Toni Weeks

San Diego, Sept. 14 - Wells Fargo & Co. priced $3.31 million of 0% growth securities with upside participation to a cap and fixed percentage buffered downside due March 19, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 125% of any index gain, subject to a maximum return of 20.75%. Investors will receive par if the index declines by up to 12% and will be exposed to losses beyond 12%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Growth securities with upside participation to a cap and fixed percentage buffered downside
Underlying index:	S&P 500
Amount:	$3,313,000
Maturity:	March 19, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any index gain, capped at 20.75%; exposure to losses beyond 12%
Initial level:	1,162.27
Threshold level:	1,022.8, 88% of initial level
Pricing date:	Sept. 12
Settlement date:	Sept. 19
Agent:	Wells Fargo Securities, LLC
Fees:	0.25%
Cusip:	94986RFU0

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