New Issue: RBC sells $699,000 barrier booster notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Aug. 1 – Royal Bank of Canada priced $699,000 of 0% barrier booster notes due July 29, 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 56.4%, the payout at maturity will be par plus the index return.

If the index gains by up to 56.4%, the payout will be par plus 56.4%.

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:	$699,000
Maturity:	July 29, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains by more than 56.4%, par plus index return; if index gains by up to 56.4%, par plus 56.4%; if index falls by up to 30%, par; otherwise, full exposure to any losses
Initial index level:	3,491.19
Barrier level:	2,443.83, 70% of initial level
Pricing date:	July 26
Settlement date:	July 31
Underwriter:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78012K2D8

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