New Issue: RBC prices $2.18 million buffered PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 5 – Royal Bank of Canada priced $2.18 million of 0% buffered Performance Leveraged Upside Securities due Aug. 3, 2018 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 of $10 plus 200% of the index return, subject to a maximum return of 36%. Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% that the index declines beyond 10%.

RBC Capital Markets, LLC is the agent. Morgan Stanley Smith Barney LLC is handling distribution.

Issuer:	Royal Bank of Canada
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$2,184,390
Maturity date:	Aug. 3, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, subject to 36% maximum return; par if index falls by 10% or less; 1% loss for each 1% index declines beyond 10%
Initial index level:	3,600.69
Pricing date:	July 31
Settlement date:	Aug. 5
Agent:	RBC Capital Markets, LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	3%
Cusip:	78013D433

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