New Issue: RBC sells $618,000 buffered bullish enhanced notes on iShares MSCI EAFE

By Susanna Moon

Chicago, Nov. 25 – Royal Bank of Canada priced $618,000 of 0% buffered bullish enhanced return notes due Nov. 27, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 107% of any fund gain.

Investors will receive par if the fund falls by up to 20% and will be exposed to losses beyond 20%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered bullish enhanced return notes
Underlying fund:	iShares MSCI EAFE ETF
Amount:	$618,000
Maturity:	Nov. 27, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 107% of any index gain; par if fund falls by up to 20%; exposure to any losses beyond 20%
Initial level:	$64.15
Buffer level:	$51.32, 80% of initial level
Pricing date:	Nov. 24
Settlement date:	Nov. 26
Agent:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78010U5F0

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