New Issue: RBC prices $3.51 million trigger jump securities tied to a four-index basket

By William Gullotti

Buffalo, N.Y., May 12 – Royal Bank of Canada priced $3.51 million of 0% trigger jump securities due March 5, 2029 linked to the performance of an equally weighted basket of indexes consisting of the Russell 2000 index, the S&P 500 index, the Euro Stoxx 50 index and the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket finishes at or above its initial level, the payout at maturity will be par plus the upside payment of 48%.

If the basket falls by up to 20%, the payout will be par.

If the basket finishes below its 80% downside threshold, investors will lose 1% for each 1% decline of the basket from its initial level.

RBC Capital Markets, LLC is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:	Royal Bank of Canada
Issue:	Trigger jump securities
Underlying indexes:	Russell 2000 index, S&P 500 index, Euro Stoxx 50 index, Topix index; equal weights
Amount:	$3,513,000
Maturity:	March 5, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes flat or gains, par plus 48%; if the basket falls by up to 20%, par; otherwise, full exposure to decline from initial level
Initial levels:	2,054.843 for Russell, 5,096.27 for S&P, 4,877.77 for Stoxx, 2,675.73 for Topix
Trigger level:	80% of initial basket level
Pricing date:	Feb. 29
Settlement date:	March 5
Agent:	RBC Capital Markets, LLC with Morgan Stanley Wealth Management as a dealer
Fees:	3.5%
Cusip:	78017FHT3

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