Wells Fargo plans 4.5-year market-linked notes tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., March 29 – Wells Fargo & Co. plans to price 0% market-linked securities with leveraged upside participation and contingent downside due Oct. 4, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 190% to 200% of any index gain.

Investors will receive par if the index falls by up to 30% and will be fully exposed to the decline if it falls by more than 30%.

Wells Fargo Securities, LLC is the agent.

The notes will price on March 30.

The Cusip number is 94986R4W8.

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