New Issue: RBC prices $230,000 barrier enhanced return notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, April 28 – Royal Bank of Canada priced $230,000 of 0% barrier enhanced return notes due July 29, 2021 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 110% of any index gain.

Investors will receive par if the index falls by up to 50% and will be fully exposed to any decline if the index falls beyond 50%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier enhanced return notes
Underlying index:	Euro Stoxx 50
Amount:	$230,000
Maturity:	July 29, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 110% of any index gain; par if index falls by up to 50%; full exposure to any decline if index falls beyond 50%
Initial level:	3,578.71
Barrier level:	1,789.36, 50% of initial level
Pricing date:	April 26
Settlement date:	April 28
Agent:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78012KH91

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