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Published on 12/7/2015 in the Prospect News Structured Products Daily.

New Issue: RBC prices $1.74 million leveraged buffered notes linked to indexes

New York, Dec. 7 – Royal Bank of Canada priced $1.74 million of 0% leveraged buffered notes due July 28, 2017 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket is made up of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% 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 1.5 times any gain in the basket, up to maximum settlement amount of $1,210 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.

RBC Capital Markets, LLC is the agent.

Issuer:Royal Bank of Canada
Issue:Leveraged buffered notes
Underlying indexes:Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight
Amount:$1.74 million
Maturity:July 28, 2017
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus 1.5 times any basket gain, capped at $1,200 for each $1,000 principal amount; par if basket declines by 12.5% or less; 1.1429% loss for every 1% drop beyond 12.5%
Initial levels:3,462.06 for Stoxx 50, 6,337.64 for FTSE 100, 1,594.67 for Topix, 8,934.48 for Swiss Market, 5,193.681 for S&P?ASX 200
Pricing date:Nov. 25
Settlement date:Dec. 3
Agent:RBC Capital Markets, LLC
Fees:None
Cusip:78012KJQ1

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