RBC to price bullish barrier enhanced return notes on Euro Stoxx 50

By Marisa Wong

Madison, Wis., Jan. 8 - Royal Bank of Canada plans to price 0% bullish barrier enhanced return notes due Feb. 2, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 122% to 132% of any index gain. The exact leverage factor will be set at pricing.

Investors will receive par if the index falls by up to 30% and will be fully exposed to losses from the initial level if the index declines by more than 30%.

The notes (Cusip: 78008SVE3) will price on Jan. 28 and settle on Jan. 31.

RBC Capital Markets, LLC is the agent.

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