RBC plans to price index-linked notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., May 28 - Royal Bank of Canada plans to price 0% index-linked notes tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 48 to 54 months after pricing.

If the index return is zero or positive, the payout at maturity will be par plus the greater of the index return and the digital percentage, which is expected to be 50.5% to 58% and will be set at pricing.

Investors will be fully exposed to any losses.

RBC Capital Markets, LLC is the agent.

The Cusip number is 78008SZ90.

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