WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo & Company (WFC), through its subsidiary Wells Fargo Finance LLC, is offering market-linked, auto-callable notes tied to the worst performer of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index. Each security has a $1,000 face amount, with aggregate proceeds of $2,682,000, and is fully and unconditionally guaranteed by Wells Fargo & Company.
The notes pay a contingent coupon of 8.85% per annum, payable quarterly at $22.13 per $1,000 only if, on the relevant calculation day, the lowest performing index is at or above its coupon threshold (70% of its starting value). From August 2027 to May 2031, if on any quarterly calculation day the lowest performing index is at or above its starting value, the notes are automatically called at par plus the applicable coupon.
If not called, at maturity in September 2031 investors receive par only if the lowest performing index is at or above its downside threshold, set at 60% of its starting value; otherwise, principal is reduced one-for-one with the index decline from its starting value, resulting in losses greater than 40% and up to 100%. Investors do not participate in any upside of the indices or receive dividends. The estimated value on the pricing date is $975.75 per security, below the $1,000 offering price, reflecting selling, structuring, hedging and funding costs. All payments are subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, and the securities are not listed and may have limited secondary liquidity.
WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering medium-term, equity index-linked, auto-callable notes due September 9, 2030, guaranteed by WFC. Each security has a $1,000 face amount and pays no interest or dividends, with returns linked to the lowest performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index.
The notes may be automatically called quarterly starting September 10, 2027 if the lowest performing index is at or above its threshold value of 84% of its starting value, paying back face amount plus a fixed call premium that steps up from at least 8% to at least 32% of face through September 4, 2030. If never called and the lowest performing index on the final calculation day is below its threshold, investors receive $1,000 × the index performance factor and can lose more than 16%, up to all principal.
The preliminary estimated value is about $977.90 per $1,000 security, and will not be less than $947.90 at pricing, reflecting selling, structuring, hedging and funding costs. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by WFC, are not listed, and all payments are subject to the credit risk of both entities.
WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering market-linked Medium-Term Notes, Series B, that are equity index-linked, callable, and have contingent coupons, with principal at risk to the performance of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index. Each $1,000 note pays a quarterly contingent coupon of at least 10.30% per annum only if, on the relevant calculation day, the lowest performing index is at or above 70% of its starting value.
The issuer may redeem the notes quarterly beginning around March 2027 at par plus any due coupon. At maturity in September 2029, if not called, investors receive $1,000 only if the lowest performing index is at or above 60% of its starting value; otherwise repayment equals $1,000 multiplied by that index’s performance factor, exposing holders to losses of more than 40%, up to a full loss of principal. There is no participation in index upside and no dividends.
The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, with no exchange listing. The current estimated value is about $985.40 per $1,000 note, and will not be less than $955.40 at pricing, reflecting selling, structuring, hedging and funding costs. Secondary market prices, if any, are expected to be below the original offering price, and U.S. tax treatment is based on treating the notes as a prepaid derivative contract, which carries uncertainty.
Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering medium-term, unsecured, auto-callable equity index-linked notes due September 7, 2029, fully and unconditionally guaranteed by Wells Fargo & Company. The notes are linked to the lowest performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index. Each note has a $1,000 face amount, offered at $1,000 per security (or $976.50 in fee-based advisory accounts), with an agent discount of up to $23.50.
Investors may receive quarterly contingent coupons at a rate set on the pricing date of at least 9.00% per annum, but only if on each calculation day the lowest performing index is at or above 70% of its starting value (its coupon threshold). From March 2027 to June 2029, if on any quarterly calculation day the lowest performing index is at or above its starting value, the notes are automatically called for the $1,000 face amount plus the applicable coupon.
If the notes are not called, principal protection is only conditional: at maturity investors receive $1,000 per note if the lowest performing index is at or above 70% of its starting value. If it is below that downside threshold, repayment is reduced proportionately to the index decline and investors can lose more than 30%, up to their entire principal. The current estimated value is about $965.80 per security, and will not be less than $935.80 on the pricing date, reflecting selling, hedging and funding costs. There is no exchange listing, payments are subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, and secondary market liquidity is not assured.
WELLS FARGO & COMPANY (WFC), via Wells Fargo Finance LLC, is issuing Series B market-linked medium-term notes tied to the S&P 500® Index, fully and unconditionally guaranteed by WFC. Each security has a $1,000 face amount, with an original offering size of $3,162,000.
The notes are auto-callable: if on any call date the S&P 500 closing level is at or above the starting value of 7,711.76, investors receive $1,000 plus a fixed call premium of 8%, 16%, 24% or 32% depending on the call year, and the notes terminate. If never called, maturity on September 3, 2030 depends on the index level: investors are protected against declines up to a 7.50% buffer (threshold value 7,133.378). Below this threshold, principal is reduced 1-for-1 beyond the buffer, with a maximum loss of 92.50% of face value.
The notes pay no interest or dividends, and upside is capped at the call premiums even if the index rises more. They are unsecured obligations of Wells Fargo Finance LLC, guaranteed by WFC, with no exchange listing. The current estimated value is $963.39 per security, below the $1,000 issue price, reflecting selling, structuring, hedging and funding costs and dealer compensation.
Wells Fargo & Company (WFC), via Wells Fargo Finance LLC, is issuing market-linked, auto-callable, principal-at-risk notes tied to the Nasdaq-100 Index® (NDX), due September 3, 2030, with a face amount of $1,000 per security and no interest or dividends.
The notes auto-call if NDX is at or above the starting value 29,433.43 on any call date, paying face value plus a fixed call premium: 10.65% in 2027, 21.30% in 2028, 31.95% in 2029, or 42.60% in 2030, capping all upside at these levels. If never called, principal is protected only by a 10% buffer: if the ending value is between 90% and 100% of the starting value, investors receive $1,000; if it falls below 90%, repayment is reduced 1-to-1 beyond the buffer, down to as little as $100 (a 90% loss) if NDX goes to zero.
The total offering is $2,316,000, with proceeds to the issuer of $2,267,943 after agent discounts. The current estimated value is $978.25 per $1,000 note, reflecting selling, structuring, hedging and funding costs, and secondary market prices are expected to be below the original price. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, subject to their credit risk, and are not listed on any exchange.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo & Company (WFC), via Wells Fargo Finance LLC, is offering $10,000,000 of Market Linked Securities linked to the lowest performing of the Russell 2000 Index, EURO STOXX 50 Index and the State Street Technology Select Sector SPDR ETF. Each security has a $1,000 face amount and pays a contingent coupon of 11.70% per annum monthly, but only if on the relevant calculation day the lowest performing underlier is at or above 65% of its starting value. The notes are auto-callable quarterly if the lowest performing underlier is at or above its starting value, in which case investors receive face value plus a final coupon.
If the notes are not called, at maturity in 2031 investors receive the full face amount only if the lowest performing underlier is at or above its downside threshold of 55% of its starting value; otherwise principal is reduced one-for-one with the underlier’s decline, leading to a loss of more than 45% and potentially all principal. The securities do not participate in any upside of the underliers and pay no dividends. The current estimated value is $983.93 per $1,000 security, below the offering price, reflecting embedded costs. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, are not exchange-listed, and all payments are subject to the credit risk of the issuer and guarantor.
WELLS FARGO & COMPANY/MN (WFC), through issuer Wells Fargo Finance LLC and its unconditional guarantee, is offering equity index-linked medium-term notes tied to the lowest performing of the Nasdaq‑100 Index and the S&P 500 Index, maturing on September 9, 2030. The notes pay no interest and repay a variable amount at maturity.
Investors get leveraged upside of at least 120% of any gain in the lowest performing index and a 10% downside buffer; losses beyond that are 1‑for‑1, up to a maximum loss of 90% of face value. The original offering price is $1,000 per security; the current estimated value is about $981.50, and will not be less than $951.50 on the pricing date. The notes are unsecured obligations of Wells Fargo Finance LLC, fully guaranteed by WFC, not listed on any exchange, and are intended to be held to maturity.