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Published on 10/16/2018 in the Prospect News Structured Products Daily.

RBC intends to price notes due 2022 linked to Euro Stoxx 50 index

By Sarah Lizee

Olympia, Wash., Oct. 16 – Royal Bank of Canada plans to price 0% notes due Nov. 2, 2022 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 154% to 164% of any index gain. If the index finishes flat or falls, the payout will be par.

RBC Capital Markets, LLC is the underwriter.

The notes will price on Oct. 29 and settle on Oct. 31.

The Cusip number is 78013XM62.


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