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Published on 5/1/2019 in the Prospect News Structured Products Daily.

New Issue: RBC prices $215,000 notes due 2023 linked to Euro Stoxx 50 index

By Sarah Lizee

Olympia, Wash., May 1 – Royal Bank of Canada priced $215,000 of 0% notes due April 28, 2023 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 any index gain.

Investors will receive par if the index finishes flat or declines.

RBC Capital Markets, LLC is the agent.

Issuer:Royal Bank of Canada
Issue:Notes
Underlying index:Euro Stoxx 50 index
Amount:$215,000
Maturity:April 28, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain; par if the index finishes flat or declines
Initial level:3,491.92
Pricing date:April 25
Settlement date:April 30
Agent:RBC Capital Markets, LLC
Fees:3.25%
Cusip:78013X4T2

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