New Issue: RBC prices $270,000 barrier booster notes linked to Dow, Russell

By Sarah Lizee

Olympia, Wash., Dec. 12 – Royal Bank of Canada priced $270,000 of 0% barrier booster notes due Dec. 2, 2024 linked to the worse performing of the Dow Jones Industrial Average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser performing index gains by more than 60%, the payout at maturity will be par plus the gain.

If the lesser performing index finishes flat or gains by no more than 60%, the payout will be par plus 60%.

If the lesser performing index falls by up to 30%, the payout will be par.

Otherwise, investors will be exposed to any losses of the lesser performing index.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier booster notes
Underlying indexes:	Dow Jones Industrial Average, Russell 2000 index
Amount:	$270,000
Maturity:	Dec. 2, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the lesser performing index gains by more than 60%, par plus the gain; if the lesser performing index finishes flat or gains by no more than 60%, par plus 60%; if the lesser performing index falls by up to 30%, par; otherwise, exposure to any losses of the lesser performing index
Initial levels:	24,640.24 for Dow, 1,505.958 for Russell
Barrier levels:	17,248.17 for Dow, 1,054.171 for Russell, 70% of initial levels
Pricing date:	Nov. 26
Settlement date:	Nov. 29
Underwriter:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78013XS66

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