RBC plans buffered PLUS with cap due 2021 tied to Euro Stoxx 50

By Susanna Moon

Chicago, July 17 – Royal Bank of Canada plans to price 0% buffered Performance Leveraged Upside Securities due Feb. 3, 2021 linked 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 double any index gain, up to a maximum amount of $18.70 per $10.00 PLUS.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the buffer.

RBC Capital Markets, LLC is the underwriter. Morgan Stanley Wealth Management is the dealer.

The notes will price on July 31.

The Cusip number is 78014G385.

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