New Issue: RBC prices $1.24 million buffered bullish return notes on Euro Stoxx 50

By Jennifer Chiou

New York, Sept. 26 – Royal Bank of Canada priced $1,243,000 of 0% buffered bullish return notes due Sept. 29, 2016 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 plus the index return, subject to a maximum return of 31%. Investors will receive par if the index declines by 10% or less and will lose share in declines beyond 10%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered bullish return notes
Underlying index:	Euro Stoxx 50
Amount:	$1,243,000
Maturity:	Sept. 29, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 31%; par if index falls by up to 10%; exposure to any losses beyond 10%
Initial index level:	3,244.01
Pricing date:	Sept. 24
Settlement date:	Sept. 29
Agent:	RBC Capital Markets, LLC
Fees:	2%
Cusip:	78010U3K1

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