New Issue: Wells Fargo prices $590,000 growth securities linked to SPDR S&P MidCap

By Susanna Moon

Chicago, June 29 - Wells Fargo & Co. priced $590,000 of 0% growth securities with leveraged upside participation to a cap and fixed percentage buffered downside due Jan. 5, 2016 linked to 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 1.5 times any gain in the index, up to a maximum return of 35%.

Investors will receive par if the index falls by up to 10% and will be exposed to losses beyond 10%.

Wells Fargo Securities, LLC is the underwriter.

Issuer:	Wells Fargo Securities, LLC
Issue:	Growth securities with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	SPDR S&P MidCap 400 ETF Trust
Amount:	$590,000
Maturity:	Jan. 5, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 35%; par if index falls by 10% or less; exposure to losses beyond 10%
Initial prices:	$166.29 for midcap
Threshold prices:	$149.66, 90% of initial price
Pricing date:	June 27
Settlement date:	July 5
Underwriter:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RKB6

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