Pricing Supplement No. 10

Filed Pursuant to Rule 424(b)(2)
File No. 333-195697

 

 

Title of Each Class of Securities

Offered

 

Amount to be

Registered

 

Maximum Offering

Price Per Security

 

Maximum Aggregate

Offering Price

 

Amount of

Registration

Fee(1)

 

Medium Term Notes, Series N,
Floating Rate Notes

 

$300,000,000

 

100.00%

 

$300,000,000

 

$34,860

 

 

  (1)  The total registration fee was calculated in accordance with Rule 457(r) of the Securities Act of 1933 (the “Securities Act”).


Pricing Supplement No. 10 dated April 2, 2015

(to Prospectus Supplement dated May 30, 2014

and Prospectus dated May 5, 2014)

WELLS FARGO & COMPANY

Medium-Term Notes, Series N

Floating Rate Notes

 

Aggregate Principal Amount

Offered:

 

$300,000,000

Trade Date:

April 2, 2015

Original Issue Date:

April 9, 2015

Stated Maturity Date:

April 9, 2020; on the stated maturity date, the holders of the notes will be entitled to receive a cash payment in U.S. dollars equal to 100% of the principal amount of the notes plus any accrued and unpaid interest

Price to Public (Issue Price):

100.00%, plus accrued interest, if any, from April 9, 2015

Agent Discount

(Gross Spread):

 

0.35%

All-In Price (Net of

Agent Discount):

 

99.65%, plus accrued interest, if any, from April 9, 2015

Net Proceeds:

$298,950,000

Benchmark:

Three-month LIBOR

Base Rate:

LIBOR

Spread:

+60 basis points

Designated LIBOR Page:

Page LIBOR01 as displayed on Reuters or any successor service (or such other page as may replace Page LIBOR01 on that service or successor service)

Index Maturity:

Three months

Interest Reset Periods:

Quarterly

Interest Reset Dates:

Each January 9, April 9, July 9 and October 9, commencing July 9, 2015 and ending January 9, 2020

Interest Payment Dates:

Each January 9, April 9, July 9 and October 9, commencing July 9, 2015 and at maturity

Initial Interest Rate:

Three-month LIBOR plus 0.60%, determined two London banking days prior to April 9, 2015


Redemption:

The notes are not redeemable at the option of Wells Fargo & Company

   
Listing:

None

  
 

Principal Amount        

  
Agent (Sole Bookrunner):

Wells Fargo Securities, LLC

  $300,000,000            
Plan of Distribution:

On April 2, 2015, Wells Fargo & Company agreed to sell to the Agents, and the Agents agreed to purchase, the notes at a purchase price of 99.65%, plus accrued interest, if any, from April 9, 2015. The purchase price equals the issue price of 100.00% less a discount of 0.35% of the principal amount of the notes.

      

Certain U.S. Federal Income Tax

Consequences:

 

Tax considerations are discussed under “Certain U.S. Federal Income Tax Considerations” in the accompanying prospectus.

   

CUSIP:

94974BGJ3

  

 

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