New Issue: RBC prices $41.06 million Leveraged Index Return Notes on Euro Stoxx

By Marisa Wong

Madison, Wis., June 30 – Royal Bank of Canada priced $41.06 million of Leveraged Index Return Notes due June 28, 2019 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 of $10 plus 145.5% of any index gain.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%.

The final index level will be the average of the closing index levels on the five trading days ending June 25, 2019.

BofA Merrill Lynch is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged Index Return Notes
Underlying index:	Euro Stoxx 50
Amount:	$41,057,680
Maturity:	June 28, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 145.5% of any index gain; par if index falls by up to 20% and exposure to any losses beyond 20%
Initial level:	3,233.19
Threshold level:	2,586.55, 80% of initial level
Final level:	Average of closing index levels on five trading days ending June 25, 2019
Pricing date:	June 26
Settlement date:	July 3
Agent:	BofA Merrill Lynch
Fees:	2.5%
Cusip:	78008Q852

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