RBC plans 9%-12% trigger yield optimization notes linked to Ford

By Susanna Moon

Chicago, Sept. 15 - Royal Bank of Canada plans to price 9% to 12% trigger yield optimization notes due Sept. 21, 2012 linked to Ford Motor Co. shares, according to an FWP with the Securities and Exchange Commission.

Interest will be payable monthly.

The face amount of each note will be equal to the initial price of Ford stock.

The payout at maturity will be par in cash unless the final price of Ford stock is less than 70% of the initial share price, in which case investors will receive one Ford share per note.

UBS Financial Services Inc. and RBC Capital Markets, LLC are the agents.

The notes will price on Sept. 16 and settle on Sept. 21.

The Cusip number is 78010W764.

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