Wells Fargo Finance LLC is offering callable, equity index-linked notes with a $1,000 face amount per security, fully and unconditionally guaranteed by Wells Fargo & Company (WFC), due October 10, 2030. Returns depend on the lowest-performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50 indexes. The contingent coupon rate, set on the pricing date, is at least 13.10% per annum, but a quarterly coupon is payable only if the lowest-performing index is at or above 70% of its starting value on every eligible trading day in that period; one below-threshold day cancels that period’s coupon.
If not redeemed, the maturity payment is $1,000 only if the lowest-performing index closes at or above 60% of its starting value on the final calculation day. Below 60%, payment is $1,000 multiplied by that index’s performance factor, exposing principal to its full decline and potentially total loss. Wells Fargo Finance LLC may redeem all, but not part, on quarterly dates beginning approximately six months after issuance, paying face amount plus a final coupon if payable. The original price is $1,000 per security; proceeds to Wells Fargo Finance LLC are $997.25 after the $2.75 agent discount. Current estimated value is approximately $979.60 per security, with a pricing-date floor of $949.60. The notes are unlisted, and there is no assurance a secondary market will develop.
Wells Fargo & Company guarantees Wells Fargo Finance LLC’s preliminary offering of market-linked notes with a $1,000 face amount per security. Returns depend on the lowest-performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500. The contingent coupon rate will be set on the pricing date at no less than 9.70% per annum; monthly coupons are paid only when the lowest index closes at or above 70% of its starting value.
On monthly calculation days from April 2027 through September 2031, the notes are automatically called if the lowest index is at or above its starting value, paying the face amount plus a final coupon. If not called, maturity on October 9, 2031 repays $1,000 only if the weakest index is at least 70% of its starting value; below that, principal bears the index’s full decline from its starting value and may be lost entirely. Better-performing indexes do not offset the weakest one, and the notes do not participate in index appreciation or dividends.
The original offering price is $1,000 per security; Wells Fargo Finance LLC receives $994.00 and the agent discount is capped at $6.00 per security. Estimated value is currently approximately $978.00 and will be at least $948.00 on the pricing date. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company; they are unlisted, with no assurance of a secondary market.
Wells Fargo & Company (WFC), as guarantor, fully and unconditionally guarantees Wells Fargo Finance LLC’s equity-index-linked notes, with a total original offering price of $1,666,000.00. Each security has a $1,000 face amount and an estimated value of $951.48 per security as of the pricing date; total proceeds to Wells Fargo Finance LLC are $1,635,595.50.
Quarterly coupons at an 8.30% annual rate are payable only if the lowest-performing of the Russell 2000, S&P 500 and EURO STOXX 50 indexes is at least 70% of its starting value on the calculation day. The notes may be automatically called from March 2027 through June 2030 if that index reaches its starting value.
If not called, the stated maturity date is October 3, 2030, subject to postponement. The principal payment is $1,000 if the lowest-performing index is at least 70% of its starting value on the final calculation day; below that threshold, repayment falls with the index, and losses may exceed 30% or reach the entire face amount. The notes will not be exchange-listed, and a secondary market is not assured.
Wells Fargo Finance LLC is offering $2,585,000.00 in equity-index-linked notes, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). Total proceeds to Wells Fargo Finance LLC are $2,568,197.50, and the total agent discount is $16,802.50. Each note has a $1,000 face amount and is linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. The estimated value is $979.51 per security, below the $1,000.00 original offering price.
The notes pay a 10.10% annual contingent coupon quarterly only if the weakest index closes at or above 65% of its starting value; otherwise, that quarter’s coupon is not paid. Wells Fargo Finance LLC may redeem the notes on quarterly payment dates beginning approximately six months after the October 5, 2026 issue date. If not redeemed, the notes mature October 3, 2031: holders receive the $1,000 face amount only if the weakest index ends at or above 60% of its starting value. Below that level, principal is exposed to the index’s decline from its starting value, potentially to zero. Holders do not participate in index appreciation, and the notes are not exchange-listed.
Wells Fargo Finance LLC is offering notes with an aggregate original offering price of $5,244,000, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). Each security has a $1,000 face amount, and Wells Fargo Finance LLC receives $5,148,297 in total proceeds. The notes are linked to the lowest-performing of XLE, XLK and XLV.
A 13.55% annual contingent coupon is paid quarterly only if the lowest-performing ETF closes at or above 75% of its starting value. If, on a quarterly calculation day scheduled from March 2027 through June 2029, that ETF is at or above its starting value, the notes are automatically called for the face amount plus a final coupon. If not called, the October 4, 2029 maturity payment is $1,000 if the lowest-performing ETF is at or above 70% of its starting value; below 70%, repayment tracks its performance from its starting value and could be zero. The estimated value was $954.82 per security as of the pricing date, compared with the $1,000 original offering price. The notes are unlisted, and payments are subject to issuer and guarantor credit risk.
Wells Fargo Finance LLC offered securities with a total original offering price of $5,838,000, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). The estimated value was $962.67 per security, below the $1,000 original offering price. Proceeds to Wells Fargo Finance LLC were $5,731,456.50 after a total agent discount of $106,543.50.
Each security is linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. A 9.00% per annum contingent coupon is payable quarterly if, and only if, the lowest-performing index closes at or above 70% of its starting value. A qualifying quarterly observation from March 2027 through June 2030 triggers an automatic call for the $1,000 face amount plus a final contingent coupon. If not called, the security returns $1,000 at maturity only if the lowest-performing index is at or above 70% of its starting value; below that threshold, principal declines with the index and may be lost entirely. Holders do not participate in index gains or dividends, and the securities are unlisted.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo Finance LLC is offering notes linked to Eaton Corporation plc ordinary shares, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). Each has a $1,000 face amount and standard offering price; fee-based advisory accounts pay $975. The pricing table lists proceeds to Wells Fargo Finance LLC of $975 per security and an agent discount of up to $25.
The contingent coupon rate, set on the pricing date, will be at least 10.00% per annum, paid quarterly only when Eaton’s closing value is at least 60% of its starting value; later qualifying quarters can restore unpaid coupons without interest. A closing value at or above the starting value on a quarterly calculation day from April 2027 through July 2029 automatically calls the notes for face amount plus due coupons.
If not called, the maturity principal payment on October 18, 2029 is $1,000 per security if Eaton finishes at or above 60% of its starting value; below that threshold, principal falls with Eaton’s decline from its starting value and losses can exceed 40% or reach all principal. Holders receive no Eaton appreciation or dividends, and the notes are unlisted. Estimated value is approximately $954.50 per security; the pricing-date estimate will be at least $924.50.
Wells Fargo & Company (WFC) fully and unconditionally guarantees auto-callable notes issued by Wells Fargo Finance LLC, linked to Accenture plc Class A ordinary shares and due October 16, 2030. Each security has a $1,000 face amount and pays a fixed quarterly coupon at a rate set on the pricing date of at least 10.30% per annum. Beginning in October 2027, the notes are automatically called on a quarterly call date if Accenture’s closing value is at least its starting value, paying the face amount plus a final coupon. If not called, maturity repayment is $1,000 if Accenture ends at or above 50% of its starting value; below that threshold, repayment is $1,000 multiplied by the ending-to-starting-value ratio, allowing a loss of more than half and potentially all principal. Holders receive no dividends or share-price appreciation.
The estimated value is approximately $973.80 per security, with the pricing-date estimate no less than $943.80. The standard offering price is $1,000 per security ($969 in fee-based advisory accounts), and Wells Fargo Finance LLC’s proceeds are $969 per security under the standard pricing terms. The notes are unlisted, and a secondary market is not assured; payments depend on the credit of the issuer and WFC as guarantor.
Wells Fargo Finance LLC is offering notes with an aggregate original offering price of $50,321,050.00, fully and unconditionally guaranteed by Wells Fargo & Company (WFC) and linked to the least-performing of the Russell 2000, S&P 500 and EURO STOXX 50 indexes. Each $10.00 note pays a $0.2888 quarterly contingent coupon, at an annual rate of 11.55%, only if all three indexes meet their 70% coupon barriers on every eligible trading day in the observation period. Wells Fargo Finance LLC may redeem all the notes on quarterly dates beginning in April 2027.
If the notes are not redeemed, they mature on July 3, 2030. Principal is repaid if all three indexes finish at or above 60% of their initial values; if any finishes below that threshold, the loss reflects the negative return of the Least Performing Underlier, and investors could lose some or all of their principal. The estimated value was $9.76 per note, compared with the $10.00 original offering price. Wells Fargo Finance LLC receives $49,817,839.50 in proceeds after the $503,210.50 agent discount. The notes are not exchange-listed, and payments depend on the creditworthiness of the issuer and guarantor.