RBC plans bullish enhanced return notes linked to Euro Stoxx 50 index

By Jennifer Chiou

New York, March 17 – Royal Bank of Canada plans to price 0% bullish enhanced return notes due Oct. 1, 2018 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% to 156% of any index gain.

Investors will share in any losses.

The notes (Cusip: 78012KCN5) will price on March 27 and settle on March 31.

RBC Capital Markets, LLC is the agent.

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