New Issue: Wells Fargo prices $5.33 million growth notes linked to SPDR S&P MidCap

By Susanna Moon

Chicago, Nov. 2 - Wells Fargo & Co. priced $5.33 million of 0% growth securities with upside participation and contingent downside protection due May 7, 2014 linked to the SPDR S&P MidCap 400 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a cap of 27%.

Investors will receive par if the shares fall by up to 15% and will be fully exposed to any losses if the drop is more than 15%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Growth securities
Underlying fund:	SPDR S&P MidCap 400 ETF Trust
Amount:	$5,325,000
Maturity:	May 7, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any fund gain, capped at 27%; par if shares falls by up to 15%; full exposure to losses if fund drops by more than 15%
Initial level:	$161.40
Threshold level:	$137.19, or 85% of initial level
Pricing date:	Oct. 31
Settlement date:	Nov. 8
Agent:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RGA3

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