RBC to price 18- to 21-month leveraged notes tied to index basket

By Sarah Lizee

Olympia, Wash., Jan. 16 – Royal Bank of Canada plans to price 0% leveraged notes due in 18 to 21 months tied 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 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus triple any basket gain, up to a maximum settlement amount of $1,615.60 to $1,722.10 for each $1,000 of notes.

Investors will be exposed to any losses.

RBC Capital Markets, LLC is the underwriter.

The Cusip number is 78013XXH6.

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