New Issue: RBC prices $594,000 leveraged buffered notes tied to index basket

By Sarah Lizee

Olympia, Wash., Jan. 13 – Royal Bank of Canada priced $594,000 of 0% leveraged buffered notes due Jan. 13, 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 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 180% of any basket gain, capped at par plus 36%.

Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged buffered notes
Underlying basket:	Euro Stoxx 50 index (36% weight), Topix index (27% weight), FTSE 100 index (19% weight), Swiss Market index (10% weight) and S&P/ASX 200 index (8% weight)
Amount:	$594,000
Maturity:	Jan. 13, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 180% of any basket gain, capped at par plus 36%; par if basket falls by up to 15%; 1.1765% loss for each 1% decline beyond 15%
Initial levels:	3,795.88 for Stoxx, 1,729.05 for Topix, 7,598.12 for FTSE, 10,650.97 for Swiss and 6,874.23 for S&P/ASX
Pricing date:	Jan. 9
Settlement date:	Jan. 16
Agent:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78015KNJ9

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