| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers F > Headlines for FTSE 100 index > News item |
RBC plans to price leveraged basket-linked notes linked to indexes
By Sarah Lizee
Olympia, Wash., July 31 – Royal Bank of Canada plans to price 0% leveraged notes due in 13 to 15 months linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus three times any basket gain, capped at a maximum settlement amount expected to be between $1,305.70 and $1,359.40 for each $1,000 face amount.
Investors will share in any losses.
RBC Capital Markets, LLC is the underwriter.
The Cusip number is 78013XQX9.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.