New Issue: RBC sells $2.95 million buffered enhanced return notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus Ohio, May 4 – Royal Bank of Canada priced $2.95 million of 0% buffered enhanced return notes due June 5, 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 2 times any gain in the index, up to a 15% maximum return.

Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond 20%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered enhanced return notes
Underlying index:	Euro Stoxx 50
Amount:	$2,945,000
Maturity:	June 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, up to 15% maximum return; par if index falls by 20% or less; 1% loss per 1% decline beyond 20%
Initial level:	3,553.79
Buffer level:	2,843.03, 80% of initial level
Pricing date:	May 2
Settlement date:	May 9
Underwriter:	RBC Capital Markets, LLC
Fees:	0.1%
Cusip:	78013XKQ0

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