Wells Fargo prices A$500 mln min 5-year FRN

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SYDNEY, May 3 (Reuters) - Wells Fargo & Co. (WFC.N), the No. 5 U.S. bank and No.2 mortgage lender, has priced A$500 million ($413 million) of five-year floating rate notes, a market source said on Thursday.

The issue priced at 18 basis points over three-month BBSW.

Joint leads were Citigroup and nabCapital.

Wells Fargo & Co. is rated AA+ by S&P and Aa1 by Moody's. ($1=A$1.21)