New Issue: RBC prices $5.8 million of 0% buffered PLUS linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Oct. 22 – Royal Bank of Canada priced $5,804,250 of 0% buffered Performance Leveraged Upside Securities due April 25, 2018 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 200% of the index return, subject to a maximum payment of $12.62 per PLUS.

Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

RBC Capital Markets, LLC is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:	Royal Bank of Canada
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$5,804,250
Maturity:	April 25, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 26.2%; par if index declines by up to 10%; full exposure to index declines beyond 10%
Initial index level:	3,255.72
Pricing date:	Oct. 20
Settlement date:	Oct. 23
Agent:	RBC Capital Markets, LLC, with Morgan Stanley Wealth Management as distributor
Fees:	2.5%
Cusip:	78013D870

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