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Published on 2/1/2017 in the Prospect News Structured Products Daily.

New Issue: RBC sells $903,000 barrier booster notes due 2020 tied to Euro Stoxx 50

By Susanna Moon

Chicago, Feb. 1 – Royal Bank of Canada priced $903,000 of 0% barrier booster notes due July 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains by more than 34.5%, the payout at maturity will be par plus the return.

If the index gains by up to 34.5%, the payout will be par plus the 34.5% booster coupon.

If the index falls by up to 30%, the payout will be par.

Otherwise, investors will be exposed to any losses.

RBC Capital Markets, LLC is the agent.

Issuer:Royal Bank of Canada
Issue:Barrier booster notes
Underlying index:Euro Stoxx 50
Amount:$903,000
Maturity:July 30, 2020
Coupon:0%
Price:Par
Payout at maturity:If index gains by more than 34.5%, par plus the return; if index gains by up to 34.5%, par plus 34.5%; if index falls by up to 30%, par; otherwise, full exposure to any losses
Initial index level:3,319.13
Barrier level:2,323.39, 70% of initial level
Pricing date:Jan. 26
Settlement date:Jan. 31
Underwriter:RBC Capital Markets, LLC
Fees:3%
Cusip:78012KYG6

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