New Issue: RBC sells $190,000 thematic opportunity notes on 16 Top 30 Global Ideas stocks

Chicago, Oct. 25 – Royal Bank of Canada priced $190,000 of thematic opportunity notes due March 29, 2023 linked to 16 common equity securities from the RBC Capital Markets Top 30 Global Ideas for 2022, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket is composed of the stocks of American International Group, Inc., Amazon.com, Inc., Alexandria Real Estate Equities, Inc., ConocoPhillips, CrowdStrike Holdings, Inc., DuPont de Nemours, Inc., Louisiana-Pacific Corp., Mosaic Co., M&T Bank Corp., R1 RCM Inc., S&P Global Inc., TransDigm Group Inc., Twilio Inc., UnitedHealth Group Inc., Vertex Pharmaceuticals Inc. and Wesco International, Inc.

Interest is payable quarterly. The amount of each interest payment, if any, will depend on the amount of dividends paid on each basket stock during the preceding quarter and will equal, for each $1,000 principal amount, 97.75% of the sum of the dividend amounts for each of the basket stocks.

The dividend amount for each stock equals (a) $1,000 divided by the initial price of the applicable stock multiplied by (b) the applicable component weighting multiplied by (c) 100% of the gross cash distributions (including ordinary and extraordinary dividends) per share declared by the applicable stock issuer where the date that the applicable stock has commenced trading ex-dividend on its primary U.S. securities exchange as to each relevant distribution occurs during the relevant interest calculation period.

For each $1,000 principal amount of notes, the payout at maturity will be the product of $977.50 and the percentage amount.

The percentage amount will equal (a) 100% plus (b) the sum of the weighted returns for the basket stocks. The payout will be less than par if the percentage amount is less than 102.3%.

RBC Capital Markets, LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Thematic opportunity notes
Underlying basket:	Selected from the RBC Capital Markets Top 30 Global Ideas for 2022: equal weights of American International Group, Inc., Amazon.com, Inc., Alexandria Real Estate Equities, Inc., ConocoPhillips, CrowdStrike Holdings, Inc., DuPont de Nemours, Inc., Louisiana-Pacific Corp., Mosaic Co., M&T Bank Corp., R1 RCM Inc., S&P Global Inc., TransDigm Group Inc., Twilio Inc., UnitedHealth Group Inc., Vertex Pharmaceuticals Inc. and Wesco International, Inc.
Amount:	$190,000
Maturity:	March 29, 2023
Coupon:	97.75% of sum of dividend amounts for each basket stock; payable quarterly but could be zero
Price:	Par
Payout at maturity:	For each $1,000 principal amount of notes, product of $977.50 and percentage amount, which equals quotient of final basket level minus initial basket level divided by initial basket level
Pricing date:	Feb. 24
Settlement date:	Feb. 28
Underwriter:	RBC Capital Markets, LLC
Fees:	1.5%
Cusip:	78013G4E2

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