Wells Fargo plans 4.5-year growth securities tied to basket of funds

By Susanna Moon

Chicago, Dec. 7 - Wells Fargo & Co. plans to price 0% growth securities due July 2016 linked to a basket of exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the SPDR S&P 500 ETF trust with a 45% weight, the iShares MSCI EAFE index fund with a 20% weight, the iShares Russell 2000 index fund with a 20% weight and the iShares MSCI Emerging Markets index fund with a 15% weight.

The payout at maturity will be par plus 1.5 times any gain in the basket, up to a maximum return of 50% to 60%. The exact cap will be set at pricing.

Investors will receive par if the basket falls by up to 20% and will be exposed to any decline beyond 20%.

Wells Fargo Securities, LLC is the agent.

The notes will settle in January.

The Cusip is 94986RGQ8.

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