New Issue: RBC prices $852,000 three-year trigger gears on iShares MSCI EAFE ETF

By Tali Rackner

Minneapolis, Nov. 15 – Royal Bank of Canada priced $852,000 of 0% trigger gears due Oct. 30, 2020 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 of $10 plus 1.39 times any fund gain.

Investors will receive par if the fund falls by up to 20% and will be fully exposed to any losses if the fund finishes below its 80% downside threshold.

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

Issuer:	Royal Bank of Canada
Issue:	Trigger gears
Underlying fund:	iShares MSCI EAFE ETF
Amount:	$852,000
Maturity:	Oct. 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.39 times any fund gain; par if fund declines by 20% or less; full exposure to any losses if fund finishes below trigger
Initial level:	$69.02
Barrier level:	$55.22, 80% of initial level
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agents:	RBC Capital Markets, LLC and UBS Financial Services Inc.
Fees:	None
Cusip:	78013F412

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