New Issue: RBC prices $861,000 leveraged buffered basket-linked notes on indexes

By Wendy Van Sickle

Columbus, Ohio, Dec. 11 – Royal Bank of Canada priced $861,000 of 0% leveraged buffered notes due Nov. 9, 2022 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 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with a 11% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 1.4 times the basket return, capped at a maximum settlement amount of $1,220.22 per note.

Investors will receive par for losses up to 10% and will share in any losses beyond 10% at a rate of 1.1111% per 1% decline beyond the 10% buffer.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged buffered basket-linked notes
Underlying indexes:	Euro Stoxx 50 (36% weight), FTSE 100 (29% weight), Topix (16% weight), Swiss Market (11% weight) and S&P/ASX 200 (8% weight)
Amount:	$861,000
Maturity:	Nov. 9, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.4 times basket return, capped at $1,220.22 per note; par for losses up to 10%; exposure to losses beyond 10% at rate of 1.1111% per 1% decline beyond buffer
Initial index levels:	3,511.9 for Stoxx, 1,767.67 for Topix, 6,391.09 for FTSE, 10,488.27 for Swiss Market, 6,683.331 for S&P/ASX 200
Pricing date:	Nov. 25
Settlement date:	Dec. 3
Agent:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78016EPF8

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