Obligation Wells Fargo & C. 5.375% ( US94974BFP04 ) en USD

Wells Fargo & C.

100 % ▲

Etats-unis

US94974BFP04 ( en USD )

5.375% par an ( paiement semestriel )

01/11/2043

Prospectus brochure de l'obligation Wells Fargo & Co US94974BFP04 en USD 5.375%, échéance 01/11/2043

1 000 USD

2 000 000 000 USD

94974BFP0

BBB ( Qualité moyenne inférieure )

A3 ( Qualité moyenne supérieure )

02/11/2025 ( Dans 124 jours )

Wells Fargo & Company est une société financière américaine multinationale offrant des services bancaires, des services d'investissement et des services de gestion de patrimoine.

L'obligation US94974BFP04 émise par Wells Fargo & Co aux États-Unis, d'une valeur nominale de 2 000 000 000 USD, offre un taux d'intérêt de 5,375%, avec des paiements semestriels, jusqu'à sa maturité le 01/11/2043, affichant actuellement un prix de marché de 100%, négociable par tranche de 1 000 USD minimum, et notée BBB par S&P et A3 par Moody's.

Definitive Pricing Supplement No. 11
http://www.sec.gov/Archives/edgar/data/72971/000119312513406220/d...
424B2 1 d615490d424b2.htm DEFINITIVE PRICING SUPPLEMENT NO. 11

Filed Pursuant to Rule 424(b)(2)
File No. 333-180989

Amount of
Title of Each Class of Securities
Amount to be
Maximum Offering Maximum Aggregate Registration
Offered
Registered
Price Per Security
Offering Price
Fee(1)

Subordinated Medium Term Notes,
Series M, Fixed Rate Notes
$2,000,000,000
99.704%
$1,994,080,000
$256,837.50

(1) The total filing fee of $256,837.50 is calculated in accordance with Rule 457(r) of the Securities Act of 1933 (the "Securities
Act") and will be paid by wire transfer within the time required by Rule 456(b) of the Securities Act.
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Definitive Pricing Supplement No. 11
http://www.sec.gov/Archives/edgar/data/72971/000119312513406220/d...
Pricing Supplement No. 11 dated October 21, 2013
(to Prospectus Supplement dated May 25, 2012
and Prospectus dated April 27, 2012)
WELLS FARGO & COMPANY
Subordinated Medium-Term Notes, Series M
Fixed Rate Notes
Aggregate Principal Amount
Offered:
$2,000,000,000

Trade Date:
October 21, 2013

Original Issue Date (T+5):
October 28, 2013

Stated Maturity Date:
November 2, 2043

Interest Rate:
5.375%

Interest Payment Dates:
Each May 2 and November 2, commencing May 2, 2014, and at maturity

Price to Public (Issue Price):
99.704%, plus accrued interest, if any, from October 28, 2013
Agent Discount
(Gross Spread):
0.875%
All-in Price (Net of
Agent Discount):
98.829%, plus accrued interest, if any, from October 28, 2013

Net Proceeds:
$1,976,580,000

Benchmark:
UST 2.875% May 15, 2043

Benchmark Yield:
3.695%

Spread to Benchmark:
+170 basis points

Re-Offer Yield:
5.395%

Listing:
None

Subordination:
The notes will rank equally with all of our other subordinated notes and, together
with such other subordinated notes, will be subordinated to all of our existing and
future Senior Debt, as defined under "Description of Debt Securities
--Subordination" in the accompanying prospectus. As of June 30, 2013, on a
non-consolidated basis, Wells Fargo & Company had approximately $56.7 billion
of Senior Debt outstanding, excluding obligations under letters of credit,
guarantees, foreign exchange contracts and
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Definitive Pricing Supplement No. 11
http://www.sec.gov/Archives/edgar/data/72971/000119312513406220/d...
interest rate swap contracts. In addition, Wells Fargo & Company was obligated
on such date under letters of credit, guarantees, foreign exchange contracts and

interest rate swap contracts to which the notes will be subordinated pursuant to the
terms of the subordinated indenture.

See "Description of the Notes" in the accompanying prospectus supplement and

"Description of the Debt Securities--Subordination" in the accompanying
prospectus for additional information regarding subordination.

Principal Amount
Agent (Sole Bookrunner):
Wells Fargo Securities, LLC
$ 1,600,000,000
Agents (Senior Co-Managers):
Citigroup Global Markets Inc.

48,000,000
Credit Suisse Securities (USA) LLC

48,000,000
Goldman, Sachs & Co.

48,000,000
J.P. Morgan Securities LLC

48,000,000
Morgan Stanley & Co. LLC

48,000,000
Agents (Junior Co-Managers):
Barclays Capital Inc.

10,000,000
BB&T Capital Markets,
a division of BB&T Securities, LLC

10,000,000
BMO Capital Markets Corp.

10,000,000
Capital One Securities, Inc.

10,000,000
CastleOak Securities, L.P.

10,000,000
CIBC World Markets Corp.

10,000,000
Deutsche Bank Securities Inc.

10,000,000
HSBC Securities (USA) Inc.

10,000,000
Loop Capital Markets LLC

10,000,000
Merrill Lynch, Pierce, Fenner & Smith

Incorporated

10,000,000
National Bank of Canada Financial Inc.

10,000,000
RBC Capital Markets, LLC

10,000,000
Samuel A. Ramirez & Company, Inc.

10,000,000
TD Securities (USA) LLC

10,000,000
UBS Securities LLC

10,000,000
The Williams Capital Group, L.P.

10,000,000
Total
$
2,000,000,000

Plan of Distribution:
On October 21, 2013, Wells Fargo & Company agreed to sell to the Agents, and
the Agents agreed to purchase, the notes at a purchase price of 98.829%, plus
accrued interest, if any, from October 28, 2013. The purchase price equals the
issue price of 99.704% less a discount of 0.875% of the principal amount of the
notes.

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Definitive Pricing Supplement No. 11
http://www.sec.gov/Archives/edgar/data/72971/000119312513406220/d...
Certain U.S. Federal
Income Tax Consequences:
As discussed in the accompanying prospectus under "Certain U.S. Federal Income
Tax Considerations," legislation was enacted in 2010, contained in Sections 1471
through 1474 of the Internal Revenue Code of 1986, as amended, that will impose
a 30% withholding tax on withholdable payments (as defined below) made to a
foreign financial institution, unless such institution enters into an agreement with
the U.S. Department of the Treasury ("Treasury") to, among other things, collect
and provide to it substantial information regarding such institution's United States
financial account holders, including certain account holders that are foreign
entities with United States owners. The legislation also generally imposes a 30%
withholding tax on withholdable payments to a non-financial foreign entity unless
such entity provides the paying agent with a certification that it does not have any
substantial United States owners or a certification identifying the direct and
indirect substantial United States owners of the entity. "Withholdable payments"
include payments of interest with respect to notes from sources within the United
States, as well as gross proceeds from the sale of any property of a type which can
produce interest from sources within the United States, unless the payments of
interest or gross proceeds are effectively connected with the conduct of a United
States trade or business and taxed as such. As enacted, these withholding and
reporting obligations generally apply to payments made with respect to the notes.
Under final Treasury regulations effective January 28, 2013 and other
administrative guidance, these withholding and reporting requirements with
respect to interest will be delayed until July 1, 2014, and withholding on gross
proceeds will be delayed until January 1, 2017. Further, withholding will not
apply to notes outstanding on July 1, 2014, unless such notes undergo a significant
modification after that date. Investors are urged to consult their own tax advisors
regarding the application of the legislation and proposed regulations to the notes.

Additional tax considerations are discussed under "Certain U.S. Federal Income

Tax Considerations" in the accompanying prospectus.

CUSIP:
94974BFP0

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