New Issue: RBC prices $1.43 million barrier enhanced return notes tied to EAFE ETF, Stoxx index

Chicago, Sept. 12 – Royal Bank of Canada priced $1.43 million of 0% barrier enhanced return notes due Aug. 31, 2028 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing underlier return is positive, the payout at maturity will be par plus 222.5% of the return of that underlier.

Investors will receive par if the lesser-performing underlier declines by 40% or less. Otherwise, investors will lose 1% for every 1% that the lesser-performing underlier declines from initial level.

RBC Capital Markets, LLC is the selling agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier enhanced return notes
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$1,428,000
Maturity:	Aug. 31, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier return is positive, par plus 222.5% of lesser-performing underlier return; par if lesser-performing underlier declines by 40% or less; otherwise, 1% loss for every 1% that lesser-performing underlier declines from initial level
Initial levels:	$70.97 for ETF, 4,293.69 for Stoxx
Barrier levels:	$42.58 for ETF, 2,576.21 for Stoxx; 60% of initial levels
Pricing date:	Aug. 28
Settlement date:	Aug. 31
Selling agent:	RBC Capital Markets, LLC
Fees:	0.75%
Cusip:	78016NUV7

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