New Issue: RBC sells $4.52 million 15-month PLUS linked to Euro Stoxx Banks

By Marisa Wong

Morgantown, W.Va., Aug. 8 – Royal Bank of Canada priced $4.52 million of 0% Performance Leveraged Upside Securities due Nov. 5, 2018 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus triple the index return, subject to a maximum payment of $12.88 per PLUS.

Investors will be fully exposed to losses.

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

Issuer:	Royal Bank of Canada
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx Banks
Amount:	$4,524,000
Maturity:	Nov. 5, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par of $10 plus triple the index return, subject to a maximum payment of $12.88 per PLUS; full exposure to losses
Initial level:	135.99
Pricing date:	July 31
Settlement date:	Aug. 3
Agent:	RBC Capital Markets, LLC
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	78013F198

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