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Published on 12/5/2013 in the Prospect News Structured Products Daily.

RBC plans return optimization notes due 2015 linked to 17 stocks

By Susanna Moon

Chicago, Dec. 5 - Royal Bank of Canada plans to price 0% return optimization securities due Jan. 30, 2015 linked to a basket of 17 equally weighted stocks, according to an FWP filing with the Securities and Exchange Commission.

The underlying stocks are the Agilent Technologies, Inc., Autodesk, Inc., Applied Materials, Inc., Boeing Co., Check Point Software Technologies Ltd., Cisco Systems, Inc., E. I. du Pont de Nemours and Co., Danaher Corp., Emerson Electric Co., Intel Corp., Ingersoll-Rand plc, JPMorgan Chase & Co., Oracle Corp., PNC Financial Services Group, Inc., SBA Communications Corp., Tyco International Ltd. and United Technologies Corp.

The payout at maturity will be par plus triple any basket gain, up to a maximum return of 13% to 15.5%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

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

The notes will price on Dec. 26 and settle on Dec. 31.

The Cusip number is 78010Y240.


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