New Issue: RBC prices $5.13 million capped trigger gears linked to Euro Stoxx

By Kiku Steinfeld

Chicago, Nov. 14 – Royal Bank of Canada priced $5.13 million of 0% capped trigger gears due March 18, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 3 times any index gain, up to a maximum return of 49.8%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% downside threshold level.

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

Issuer:	Royal Bank of Canada
Issue:	Capped trigger gears
Underlying index:	Euro Stoxx 50
Amount:	$5,131,020
Maturity:	March 18, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 3 times any index gain, capped at 49.8%; par if index falls by up to 25% and full exposure to any losses if index finishes below downside threshold
Initial level:	3,741.10
Downside threshold:	2,805.83, 75% of initial level
Pricing date:	March 14, 2022
Settlement date:	March 16, 2022
Agents:	UBS Financial Services Inc. and RBC Capital Markets, LLC
Fees:	2.5%
Cusip:	78016C531

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