New Issue: RBC prices $1.04 million bullish barrier booster notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 29 - Royal Bank of Canada priced $1.04 million of 0% bullish barrier booster notes due April 28, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive but not greater than 25%, the payout at maturity will be par plus 25%.

If the index return is greater than 25%, the payout will be 125% of par plus 1.15% for every 1% that the index advances beyond 25%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to losses from the initial level if the index falls by more than 25%.

RBC Capital Markets, LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Bullish barrier booster notes
Underlying index:	Euro Stoxx 50
Amount:	$1,042,000
Maturity:	April 28, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive but not greater than 25%, par plus 25%; if index return is greater than 25%, 125% of par plus 1.15% for every 1% that index advances beyond 25%; par if index falls by up to 25%; full exposure to losses from initial level if index falls by more than 25%
Initial index level:	2,683.43
Barrier level:	2,012.57, 75% of initial level
Pricing date:	April 26
Settlement date:	April 30
Underwriter:	RBC Capital Markets, LLC
Fees:	2.75%
Cusip:	78008SN28

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