New Issue: RBC sells $1.53 million buffered booster notes tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., July 20 – Royal Bank of Canada priced $1.53 million of 0% buffered booster notes due July 6, 2021 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 39.65%, the payout at maturity will be par plus the index return.

If the index gains by up to 39.65%, the payout will be par plus 39.65%.

If the index falls by up to 10%, the payout will be par.

Otherwise, investors will be exposed to any losses beyond 10%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered booster notes
Underlying index:	Euro Stoxx 50
Amount:	$1,528,000
Maturity:	July 6, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the index gains by more than 39.65%, par plus the index return; if the index gains by up to 39.65%, par plus 39.65%; if the index falls by up to 10%, par; otherwise, exposure to any losses beyond 10%
Initial index level:	3,441.88
Buffer level:	3,097.69, 90% of initial level
Pricing date:	June 30
Settlement date:	July 6
Underwriter:	RBC Capital Markets, LLC
Fees:	2.75%
Cusip:	78012KZ26

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