New Issue: RBC prices $887,000 buffered enhanced notes tied to iShares MSCI EAFE

By Susanna Moon

Chicago, Feb. 6 – Royal Bank of Canada priced $887,000 of 0% buffered enhanced return notes due Jan. 31, 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 plus 150% any fund gain, up to a maximum return of 15%.

Investors will receive par if the fund falls by up to 18.75% and will be exposed to any losses beyond the buffer.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered enhanced return notes
Underlying fund:	iShares MSCI EAFE ETF
Amount:	$887,000
Maturity:	Jan. 31, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any fund gain, capped at 15%; par if fund falls by up to 18.75%; 1% loss for each 1% decline beyond 18.75%
Initial level:	$75.25
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agent:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78013XDZ8

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