New Issue: RBC sells $8.06 million buffered PLUS due 2021 tied to Stoxx 50 index

By Sarah Lizee

Olympia, Wash., Aug. 3 – Royal Bank of Canada priced $8.06 million of 0% buffered Performance Leveraged Upside Securities due Feb. 3, 2021 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 of $10 plus 200% of any index gain, capped at $18.70 per PLUS.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond the buffer.

RBC Capital Markets, LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	Royal Bank of Canada
Issue:	Buffered Performance Leveraged Upside Securities
Underlying indexes:	Euro Stoxx 50
Amount:	$8,057,100
Maturity:	Feb. 3, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at $18.70 per PLUS; par if index falls by up 10%; otherwise, 1% loss per 1% decline beyond 10%
Initial level:	3,525.49
Pricing date:	July 31
Settlement date:	Aug. 3
Agent:	RBC Capital Markets, LLC with Morgan Stanley Wealth Management handling distribution
Fees:	3%
Cusip:	78014G385

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