New Issue: RBC prices $14 million trigger performance notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 28 - Royal Bank of Canada priced $14 million of 0% trigger performance securities due Sept. 29, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 182% of the index return. If the index return is zero or negative and the final index level is at least 50% of the initial index level, investors will receive par. If the final index level is less than 50% of the initial index level, investors will be fully exposed to the decline from the initial level.

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

Issuer:	Royal Bank of Canada
Issue:	Trigger performance securities
Underlying index:	Euro Stoxx 50
Amount:	$14,003,800
Maturity:	Sept. 29, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 182% of any increase in index; par if index falls by 50% or less; full exposure to decline from initial level if index falls beyond 50%
Initial index level:	2,498.52
Pricing date:	Sept. 26
Settlement date:	Sept. 28
Underwriters:	UBS Financial Services Inc. and RBC Capital Markets, LLC
Fees:	3.5%
Cusip:	78008W255

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