Filed Pursuant to Rule 424(b)(2)
File No. 333-195697
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Title of Each Class of Securities Offered |
Amount to be Registered |
Maximum Offering Price Per Security |
Maximum Aggregate Offering Price |
Amount of Fee(1) | ||||
Medium Term Notes, Series N, Floating Rate Notes |
$500,000,000 | 100.00% | $500,000,000 | $64,400(2) | ||||
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(1) | The total registration fee was calculated in accordance with Rule 457(r) of the Securities Act of 1933 (the Securities Act). |
(2) | Such amount was previously paid in connection with the filing of Pricing Supplement No. 5 on September 17, 2014. |
Amended and Restated Pricing Supplement No. 5 dated September 16, 2014
(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: | $500,000,000 |
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Trade Date: | September 16, 2014 | |||
Original Issue Date (T+5): | September 23, 2014 | |||
Stated Maturity Date: | September 14, 2018; 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 September 23, 2014 | |||
Agent Discount (Gross Spread): |
0.30% |
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All-In Price (Net of Agent Discount): |
99.70%, plus accrued interest, if any, from September 23, 2014 | |||
Net Proceeds: | $498,500,000 |
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Benchmark: | Three-month LIBOR |
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Base Rate: | LIBOR |
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Spread: | +40 basis points |
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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 |
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Interest Reset Periods: | Quarterly |
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Interest Reset Dates: | Each March 14, June 14, September 14 and December 14, commencing December 14, 2014 and ending June 14, 2018 | |||
Interest Payment Dates: | Each March 14, June 14, September 14 and December 14, commencing December 14, 2014 and at maturity | |||
Initial Interest Rate: | Three-month LIBOR plus 0.40%, determined two London banking days prior to September 23, 2014 |
Redemption: | The notes are not redeemable at the option of Wells Fargo & Company |
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Listing: | None | |||||
Principal Amount | ||||||
Agent (Sole Bookrunner): |
Wells Fargo Securities, LLC | $ | 490,000,000 | |||
Agent (Co-Managers): |
CastleOak Securities, L.P. | 5,000,000 | ||||
Drexel Hamilton, LLC | 5,000,000 | |||||
Total: | $ | 500,000,000 | ||||
Plan of Distribution: | On September 16, 2014, Wells Fargo & Company agreed to sell to the Agents, and the Agents agreed to purchase, the notes at a purchase price of 99.70%, plus accrued interest, if any, from September 23, 2014. The purchase price equals the issue price of 100.00% less a discount of 0.30% of the principal amount of the notes. |
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Certain U.S. Federal Income Tax |
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Consequences: | Tax considerations are discussed under Certain U.S. Federal Income Tax Considerations in the accompanying prospectus. |
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CUSIP: | 94974BGD6 |
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