New Issue: RBC prices $933,600 6.15% trigger yield optimization notes linked to Cisco

By Angela McDaniels

Tacoma, Wash., Aug. 27 - Royal Bank of Canada priced $933,600 of 6.15% annualized trigger yield optimization notes due Aug. 29, 2014 linked to the common stock of Cisco Systems, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $19.11, which is equal to the initial share price of Cisco stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Cisco stock is less than 70% of the initial share price, in which case investors will receive one Cisco share per note.

UBS Financial Services Inc. and RBC Capital Markets, LLC are the underwriters.

Issuer:	Royal Bank of Canada
Issue:	Trigger yield optimization notes
Underlying stock:	Cisco Systems, Inc. (Symbol: CSCO)
Amount:	$933,599.94
Maturity:	Aug. 29, 2014
Coupon:	6.15%, payable monthly
Price:	Par of $19.11
Payout at maturity:	If final share price is less than trigger price, one Cisco share; otherwise, par
Initial share price:	$19.11
Trigger price:	$13.38, 70% of initial price
Pricing date:	Aug. 23
Settlement date:	Aug. 28
Underwriters:	UBS Financial Services Inc. and RBC Capital Markets, LLC
Fees:	2.75%
Cusip:	78008W180

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