Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC notes with a $745,000 aggregate original offering price. The notes are linked to the S&P 500 Index, with a starting value of 7,623.68 on October 23, 2026, and a stated maturity date of October 26, 2028, subject to postponement. Wells Fargo Finance LLC receives $739,412.50 in total proceeds after a $5,587.50 agent discount; the original offering price is $1,000 per note.
At maturity, if the index ends above its starting value, the payment is $1,000 plus 150% of the index gain, capped at a 16.15% maximum return ($161.50 per note), for a maximum payment of $1,161.50 per note. If the index is flat or lower, the payment is $1,000, with no positive return. The notes are unsecured obligations, and repayment depends on the issuer and guarantor meeting their obligations. They pay no periodic interest or dividends and are not exchange-listed. The estimated value is $988.71 per note, below the $1,000 offering price; an affiliate calculated it, and it is not a secondary-market price. Affiliates are not obligated to buy the notes or make a market.
Wells Fargo & Company (WFC) fully and unconditionally guarantees market-linked securities issued by Wells Fargo Finance LLC, with an aggregate original offering price of $1,020,000 and an original offering price of $1,000 per security. The securities are linked to Palantir Technologies Class A common stock (PLTR): its starting value is $196.75, and both the coupon and downside thresholds are $98.375. The contingent coupon rate is 18.25% per annum, payable quarterly only when PLTR’s closing value on the relevant calculation day is at least $98.375.
If PLTR’s closing value is at least $196.75 on a quarterly calculation day from April 2027 through July 2029, inclusive, the securities are automatically called for $1,000 per security plus a final contingent coupon. If not called, at maturity on October 26, 2029, a final value at or above $98.375 returns $1,000 plus the final contingent coupon; below that level, repayment is $1,000 multiplied by the performance factor, so holders may lose more than 50% and possibly all principal. Holders do not participate in PLTR appreciation or dividends. The estimated value was $972.27 per security; the notes are unlisted and payments are subject to Wells Fargo credit risk.
Wells Fargo & Company fully and unconditionally guarantees equity-index-linked securities issued by Wells Fargo Finance LLC in a $15,501,000.00 offering. Each security has a $1,000 face amount and a $1,000.00 offering price; the proceeds to Wells Fargo Finance LLC are $15,501,000.00, with no agent discount. At maturity on January 24, 2029, subject to postponement, a final S&P 500 Index level at or above 85.00% of its initial level pays $1,208.30 per $1,000 face amount, a contingent fixed return of 20.83%.
Below the 85.00% threshold, the payment falls by approximately 1.1765% of face amount for each 1% the final index level is below the threshold, and could be zero. The notes pay no interest, are unsecured obligations subject to issuer and guarantor credit risk, and are not listed on an exchange. Their estimated value was $994.42 per security on the October 22, 2026 trade date, below the $1,000.00 offering price. The determination date is January 22, 2029, subject to postponement.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC’s preliminary offering of auto-callable notes, each with a $1,000 face amount, linked to the lowest-performing of the Nasdaq-100 Index, Russell 2000 Index and State Street SPDR S&P 500 ETF Trust, due November 2, 2029.
The contingent coupon rate will be set on the pricing date at at least 9.70% per annum. Coupons are payable quarterly only if the lowest-performing underlier closes at or above 75% of its starting value. If that underlier closes at or above its starting value on a quarterly calculation day from April 2027 through July 2029, the notes are automatically called for the face amount plus a final coupon.
If not called, maturity repayment is $1,000 if the lowest-performing underlier ends at or above 70% of its starting value. Below that level, repayment is the face amount multiplied by the underlier’s performance factor, exposing principal to its full decline from its starting value and possible total loss. The notes do not participate in underlier appreciation or pay dividends. The current estimated value is approximately $955.80 per security, and the pricing-date estimated value will be at least $925.80. The notes are unlisted, a secondary market is not assured, and payments are subject to issuer and guarantor credit risk.
Wells Fargo Finance LLC outlines preliminary terms for callable market-linked notes with an original offering price of $1,000 per security, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). The notes track the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. The contingent coupon rate will be set on the pricing date at no less than 10.80% per annum, but a monthly coupon is paid only when the weakest index is at least 70% of its starting value.
If not called, the notes pay $1,000 at maturity on October 31, 2029 when the weakest index is at least 60% of its starting value on the final calculation day. Below that threshold, repayment follows the index’s performance factor, exposing holders to losses exceeding 40% and potentially all principal. Wells Fargo Finance LLC may call the notes monthly beginning approximately six months after issuance. Holders do not participate in index gains or receive dividends.
The current estimated value is approximately $981.50 per security; the estimated value on the pricing date will be at least $951.50, and is expected to be below the $1,000 offering price. Wells Fargo Securities, an affiliate acting as agent and principal, receives a $2.50 discount per security, leaving $997.50 in proceeds to Wells Fargo Finance LLC. The notes will not be exchange-listed, and affiliates are not obligated to make a market.
Wells Fargo & Company guarantees Wells Fargo Finance LLC’s preliminary offering of callable, equity-index-linked notes at $1,000 per security, tied to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes and scheduled to mature November 2, 2029, subject to postponement. Monthly contingent coupons will be at a rate set on the pricing date of at least 8.65% per annum, payable only if the lowest-performing index is at or above 55% of its starting value on the applicable calculation day. Wells Fargo Finance LLC may redeem the notes, in whole but not in part, on monthly coupon dates beginning approximately six months after issuance.
If not redeemed, the notes repay $1,000 at maturity only if the lowest-performing index is at or above 55% of its starting value on the final calculation day. Below that threshold, repayment reflects the index’s full decline from its starting value, exposing holders to losses exceeding 45% and potentially all principal. Holders do not participate in index appreciation or receive index dividends. The current estimated value is approximately $977.40 per security, and the pricing-date estimate will be at least $947.40. The $1,000 offering price includes a $6.00 agent discount, leaving $994.00 per security for Wells Fargo Finance LLC. The notes are not exchange-listed, and a secondary market is not assured.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC’s $58,408,000 offering of buffered enhanced return securities linked to the S&P 500 Index. The securities pay no periodic interest and have a stated maturity date of March 7, 2029, subject to postponement. For each $1,000 face amount, positive index performance earns 140% participation, capped at a $1,348.32 settlement amount; a decline of up to 15.00% returns the face amount.
If the index falls more than 15.00% below its initial level, the loss is approximately 1.1765% of face amount for every 1% decline below 85.00% of that level, and investors could lose all principal. Payments are subject to the credit risk of Wells Fargo Finance LLC and its guarantor. The estimated value on the October 22, 2026 trade date was $995.25 per security, below the $1,000 original offering price.
The securities will not be listed on an exchange, and Wells Fargo Securities, LLC and its affiliates are not obligated to make a market. The determination date is March 5, 2029, subject to postponement; the maturity date may also be postponed under the stated provisions.
Wells Fargo & Company (WFC) fully and unconditionally guarantees a $500,000 offering of auto-callable securities issued by Wells Fargo Finance LLC and linked to Netflix common stock; each security has a $1,000 face amount. Wells Fargo Finance LLC receives $488,250 after the $11,750 agent discount. The notes pay a conditional 10.30% annual coupon quarterly only when Netflix’s closing value is at least $40.23, 60% of the $67.05 starting value.
On quarterly calculation dates from April 2027 through July 2029, a closing value at or above $67.05 automatically calls the notes for the face amount plus any final contingent coupon. If not called, maturity is October 25, 2029: a final value at or above $40.23 returns $1,000 per security, while a lower value produces a payment based on the stock’s decline from $67.05 and can result in a loss of more than 40%, potentially all principal. The securities do not share in Netflix appreciation or dividends. Their estimated value is $963.80 per security versus the $1,000 offering price; they are unlisted, with no assured secondary market, and payments remain subject to issuer and guarantor credit risk.
Wells Fargo & Company (WFC) guarantees preliminary S&P 500-linked notes issued by Wells Fargo Finance LLC. For each $1,000 face amount, the notes provide no interest: if the index rises, the return reflects 300% upside participation up to an expected maximum payment of $1,173.40 to $1,203.70. The cap level is expected to be 105.78% to 106.79% of the initial index level. If the index falls, the notes lose value one-for-one with the decline, potentially losing the entire face amount.
The determination date is expected 15 to 17 months after the trade date. The current estimated value is approximately $995.30 per security, and the trade-date estimated value will not be less than $965.30 per security. These are unsecured obligations subject to the issuer’s and guarantor’s credit risk. The notes will not be exchange-listed, and Wells Fargo Securities, LLC is not obligated to make a market or buy them back.
Wells Fargo & Company (WFC) fully and unconditionally guarantees market-linked notes issued by Wells Fargo Finance LLC, with a total original offering price of $1,000,000 and linked to Micron Technology common stock. Wells Fargo Finance LLC receives $976,500 after a $23,500 agent discount; the original price is $1,000 per security.
The notes pay a contingent coupon at a 15.05% annual rate, quarterly only when Micron’s closing price is at least 60% of its $856.49 starting value ($513.894). Missed coupons can be paid later if the threshold is regained, without interest. The notes are automatically called if a scheduled quarterly closing value from April 2027 through July 2029 is at least $856.49.
If not called, the notes mature on October 25, 2029. Principal is $1,000 per security if Micron’s final value is at least $513.894; below that threshold, principal declines with the stock and may be lost entirely. Holders receive no stock appreciation or dividends, and the notes are unlisted. The estimated value was $948.96 per security, below the original price; payments are also subject to Wells Fargo Finance LLC’s and WFC’s credit risk.