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Published on 9/12/2014 in the Prospect News Structured Products Daily.

RBC plans buffered bullish enhanced return notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, Sept. 12 – Royal Bank of Canada plans to price 0% buffered bullish enhanced return notes due Sept. 30, 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 plus 136% to 146% of any index gain.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

RBC Capital Markets, LLC is the agent.

The notes will price on Sept. 26 and settle on Sept. 30.

The Cusip number is 78010U2F3.


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