New Issue: RBC prices $1.13 million barrier booster notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, June 4 – Royal Bank of Canada priced $1.13 million of 0% barrier booster notes due May 31, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than the 54% booster, the payout at maturity will be par plus the index return.

If the index return is positive but does not exceed the booster, the payout will be par plus the booster.

If the index return is zero to negative 40%, the payout will be par.

If the index return is less than negative 40%, investors will lose 1% for every 1% that the final level is less than the initial level.

RBC Capital Markets, LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Barrier booster notes
Underlying index:	Euro Stoxx 50
Amount:	$1,132,000
Maturity:	May 31, 2024
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index gains by more than 54%, par plus index return; if index gains by up to 54%, par plus 54%; if index falls by up to 40%, par; otherwise, 1% loss for each 1% decline from initial level
Initial index level:	3,348.86
Barrier level:	2,009.32, 60% of initial level
Pricing date:	May 28
Settlement date:	May 31
Underwriter:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78013X6Z6

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