Wells Fargo to sell market-linked CDs on Dow Jones - UBS Commodity

By Susanna Moon

Chicago, Feb. 3 - Wells Fargo Bank, NA plans to price 0% market-linked certificates of deposit due Feb. 26, 2016 based on the Dow Jones - UBS Commodity index, according to a term sheet.

The payout at maturity will be par plus any index gain, up to a maximum return of 60% to 70%. The exact cap will be set at pricing.

Investors will receive at least par.

The CDs will price on Feb. 19 and settle on Feb. 26.

Incapital LLC is the distributor.

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