| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
RBC plans to price 15-month PLUS linked to Euro Stoxx 50 index
New York, Sept. 1 – Royal Bank of Canada plans to price 0% Performance Leveraged Upside Securities due Dec. 20, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 20.7%. Investors will be fully exposed to any decline in the index.
RBC Capital Markets, LLC is the agent. Distribution is through Morgan Stanley Wealth Management.
The notes will price on Sept. 15 and settle on Sept. 18.
The Cusip number is 78013D656.
The estimated initial value is $9.733 per $10 principal amount.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.