Published on 4/21/2015 in the Prospect News Structured Products Daily.
New Issue: RBC prices $3.13 million bullish enhanced return notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, April 21 – Royal Bank of Canada priced $3.13 million of 0% bullish enhanced return notes due Oct. 22, 2018 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 147.5% any index gain.
Investors will be exposed to any losses.
RBC Capital Markets, LLC is the agent.
| Issuer: | Royal Bank of Canada
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| Issue: | Bullish enhanced return notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $3,126,000
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| Maturity: | Oct. 22, 2018
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 147.5% of any index gain; exposure to any losses
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| Initial level: | 3,674.05
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| Pricing date: | April 17
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| Settlement date: | April 22
|
| Agent: | RBC Capital Markets, LLC
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| Fees: | 3%
|
| Cusip: | 78012KDN4
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