RBC plans to price leveraged buffered notes due 2017 tied to MSCI EAFE

By Susanna Moon

Chicago, Oct. 14 – Royal Bank of Canada plans to price 0% leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes will mature between 21 and 24 months after pricing.

The payout at maturity will be par plus 1.5 times any index gain, up to maximum settlement amount of $1,250.50 to $1,294.00 for each $1,000 principal amount. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.

RBC Capital Markets, LLC is the agent.

The Cusip number is 78012KHT7.

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