New Issue: Wells Fargo prices $24.54 million Leveraged Index Return Notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Dec. 4 – Wells Fargo & Co. priced $24.54 million of 0% Leveraged Index Return Notes due Nov. 20, 2020 linked to a basket of unequally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei Stock Average index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par plus 157% of any basket gain.

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

BofA Merrill Lynch is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Leveraged Index Return Notes
Underlying basket:	Euro Stoxx 50 index (40% weight), FTSE 100 index (20% weight), Nikkei Stock Average index (20% weight), Swiss Market index (7.5% weight), S&P/ASX 200 index (7.5% weight) and Hang Seng index (5% weight)
Amount:	$24,535,150
Maturity:	Nov. 20, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 157% of any basket gain; par if basket falls by up to 10%; exposure to losses beyond 10%
Initial index levels:	3,174.16 for Stoxx, 7,038.95 for FTSE, 22,262.60 for Nikkei, 9,015.59 for Swiss, 5,758.416 for S&P/ASX, 26,451.03 for Hang Seng
Pricing date:	Nov. 29
Settlement date:	Dec. 6
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	94988U417

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