RBC to price 0% bullish barrier enhanced return notes tied to Euro Stoxx

By Toni Weeks

San Luis Obispo, Calif., Oct. 4 - Royal Bank of Canada plans to price 0% bullish barrier enhanced return notes due Nov. 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 150% of any index gain, up to a maximum return of 44% to 51%. The exact cap 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%.

RBC Capital Markets, LLC is the agent.

The notes (Cusip: 78010UFQ5) will price Oct. 29 and settle Oct. 31.

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