New Issue: RBC prices $58.41 million leveraged return notes linked to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Feb. 3 - Royal Bank of Canada priced $58.41 million of 0% Leveraged Index Return Notes due Jan. 25, 2019 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 143.5% of the index return. If the index declines by 20% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.

BofA Merrill Lynch is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged Index Return Notes
Underlying index:	Euro Stoxx 50
Amount:	$58,411,490
Maturity:	Jan. 25, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 143.5% of any index gain; par if index falls by up to 20%; 1% loss for every 1% drop beyond 20%
Initial index level:	3,027.3
Final index level:	Average of index's closing levels on five trading days ending Jan. 22, 2019
Threshold value:	2,421.84, 80% of initial index level
Pricing date:	Jan. 30
Settlement date:	Feb. 6
Agent:	BofA Merrill Lynch
Fees:	2.5%
Cusip:	78011D492

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