New Issue: RBC prices $753,000 barrier booster notes linked to S&P 500, Stoxx 50

By Susanna Moon

Chicago, July 3 – Royal Bank of Canada priced $753,000 of 0% barrier booster notes due June 30, 2022 linked to the worse performing of the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 74.5%.

If either index falls by up to 25%, the payout will be par.

Otherwise, investors will be exposed to any losses of the worse performing index.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier booster notes
Underlying indexes:	S&P 500, Euro Stoxx 50
Amount:	$753,000
Maturity:	June 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains by, par plus 74.5%; if either index falls by up to 25%, par; otherwise, 1% loss per 1% decline of worse performing index
Initial levels:	2,723.06 for S&P, 3,368.72 for Stoxx
Barrier levels:	2,042.30 for S&P, 2,526.54 for Stoxx, 75% of initial levels
Pricing date:	June 26
Settlement date:	June 29
Underwriter:	RBC Capital Markets, LLC
Fees:	2.75%
Cusip:	78013XLZ9

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