New Issue: RBC prices $3.11 million buffered bullish enhanced notes on Euro Stoxx

By Susanna Moon

Chicago, Dec. 31 - Royal Bank of Canada priced $3.11 million of 0% buffered bullish enhanced return notes due June 29, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.3 times any index gain, up to a maximum return of 49.4%.

Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered bullish enhanced return notes
Underlying index:	Euro Stoxx 50
Amount:	$3.11 million
Maturity:	June 29, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 130% of any index gain, capped at 49.4%; par if index falls by up to 15%; 1% loss per 1% drop beyond 15%
Initial index level:	3,111.37
Buffer level:	2,644.66, or 85% of initial level
Pricing date:	Dec. 27
Settlement date:	Dec. 31
Agent:	RBC Capital Markets, LLC
Fees:	2.75%
Cusip:	78010UKK2

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