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Published on 7/5/2017 in the Prospect News Structured Products Daily.

New Issue: RBC sells $2.18 million barrier booster notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., July 5 – Royal Bank of Canada priced $2.18 million of 0% barrier booster notes due June 30, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains by more than 55.5%, the payout at maturity will be par plus the index return.

If the index gains by up to 55.5%, the payout will be par plus 55.5%.

If the index falls by up to 30%, the payout will be par.

Otherwise, investors will be exposed to any losses.

RBC Capital Markets, LLC is the agent.

Issuer:Royal Bank of Canada
Issue:Barrier booster notes
Underlying index:Euro Stoxx 50
Amount:$2,175,000
Maturity:June 30, 2022
Coupon:0%
Price:Par
Payout at maturity:If index gains by more than 55.5%, par plus index return; if index gains by up to 55.5%, par plus 55.5%; if index falls by up to 30%, par; otherwise, full exposure to any losses
Initial index level:3,538.32
Barrier level:2,476.82, 70% of initial level
Pricing date:June 27
Settlement date:June 30
Underwriter:RBC Capital Markets, LLC
Fees:3.25%
Cusip:78012KV61

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