By Kiku Steinfeld
Chicago, March 2 – Wells Fargo Finance LLC priced $858,000 of 0% market-linked securities with leveraged upside participation and partial principal return at maturity due Feb. 28, 2022 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Wells Fargo & Co.
The payout at maturity will be par plus 1.26 times any index gain.
If the index finishes flat or declines, investors will receive par plus the index return, subject to a minimum payout of $850 per note.
Wells Fargo Securities, LLC is the agent.
| Issuer: | Wells Fargo Finance LLC
|
| Guarantor: | Wells Fargo & Co.
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| Issue: | Market-linked securities – leveraged upside participation and partial principal return at maturity
|
| Underlying index: | MSCI EAFE
|
| Amount: | $858,000
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| Maturity: | Feb. 28, 2022
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.26 times any index gain; if index falls, par plus the index return, subject to minimum payout of $850 per note
|
| Initial level: | 1908.58
|
| Pricing date: | Feb. 26
|
| Settlement date: | Feb. 28
|
| Agent: | Wells Fargo Securities, LLC
|
| Fees: | None
|
| Cusip: | 95001HFH9
|
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