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Published on 7/11/2018 in the Prospect News Structured Products Daily.

New Issue: RBC prices $2.1 million of PLUS with cap due 2019 tied to Topix

By Susanna Moon

Chicago, July 11 – Royal Bank of Canada priced $2.1 million of 0% Performance Leveraged Upside Securities due Oct. 3, 2019 linked to the Topix index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum payment of $12.175 per $10.00 PLUS.

Investors will be exposed to any losses.

RBC Capital Markets, LLC is the agent.

Issuer:Royal Bank of Canada
Issue:Performance Leveraged Upside Securities
Underlying index:Topix
Amount:$2,098,100
Maturity:Oct. 3, 2019
Coupon:0%
Price:Par of $10.00
Payout at maturity:Par plus 300% of any index gain, capped at 21.75%; 1% loss per 1% decline
Initial level:1,730.89
Pricing date:June 29
Settlement date:July 5
Agent:RBC Capital Markets, LLC
Fees:1.75%
Cusip:78014G195

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