New Issue: RBC sells $28.15 million Leveraged Index Return Notes on Euro Stoxx

By Marisa Wong

Morgantown, W.Va., April 30 – Royal Bank of Canada priced $28.15 million of 0% Leveraged Index Return Notes due April 30, 2021 to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain.

Investors will receive par if the index falls by up to 25% and will lose 1% for every 1% decline beyond 25%.

BofA Merrill Lynch is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged Index Return Notes
Underlying index:	Euro Stoxx 50
Amount:	$28,151,720
Maturity:	April 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain; par if index falls by up to 25%; 1% loss for every 1% decline beyond 25%
Initial value:	3,506.03
Threshold value:	2,629.52, 75% of initial value
Pricing date:	April 26
Settlement date:	May 3
Agent:	BofA Merrill Lynch
Fees:	2.25%
Cusip:	78014F742

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