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RBC intends to price notes due 2022 linked to Euro Stoxx 50 index
By Sarah Lizee
Olympia, Wash., Nov. 8 – Royal Bank of Canada plans to price 0% notes due Dec. 1, 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 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 Nov. 26 and settle on Nov. 29.
The Cusip number is 78013XS33.
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