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Published on 11/6/2017 in the Prospect News Structured Products Daily.

New Issue: RBC prices $4.67 million two-year market-linked securities tied to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Nov. 6 – Royal Bank of Canada prices $4.76 million 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due Nov. 4, 2019 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 200% of any index gain, up to a maximum return of par plus 24%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Wells Fargo Securities, LLC is the agent.

Issuer:Royal Bank of Canada
Issue:Market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:Euro Stoxx 50
Amount:$4,673,000
Maturity:Nov. 4, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 24%; if the index falls by up to 10%, par; 1% for each 1% decline in index beyond 10%
Initial level:3,673.95
Buffer level:3,306.555, 90% of initial level
Pricing date:Oct. 31
Settlement date:Nov. 3
Agent:Wells Fargo Securities, LLC
Fees:2.72%
Cusip:78013GJK2

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