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Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
RBC plans four-year par-protected notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, July 13 – Royal Bank of Canada plans to price 0% notes due July 31, 2022 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 148% to 158% of any index gain, with the exact leverage to be set at pricing.
If the index falls, the payout will be par.
RBC Capital Markets, LLC the agents.
The notes will price on July 27.
The Cusip number is 78013XPT9.
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