New Issue: RBC prices $6 million enhanced barrier digital plus securities linked to Euro Stoxx 50

By Jennifer Chiou

New York, Feb. 11 – Royal Bank of Canada priced $6 million of 0% enhanced barrier digital plus securities due Feb. 19, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the threshold level, 116% of the initial level, the payout at maturity will be par plus the index return.

If the final index level is less than or equal to the threshold level and greater than or equal to the trigger level, 75% of the initial level, the payout will be par plus an upside payment of 16%.

If the final index level is less than the trigger level, investors will be fully exposed to the index’s decline from its initial level.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Enhanced barrier digital plus securities
Underlying index:	Euro Stoxx 50
Amount:	$6 million
Maturity:	Feb. 19, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above trigger level, par plus greater of 16% and index return; if index finishes below barrier level, exposure to decline from initial index level
Initial index level:	3,347.75
Threshold level:	3,883.39, 116% of initial level
Trigger level:	2,510.81, 75% of initial level
Pricing date:	Feb. 9
Settlement date:	Feb. 17
Agent:	RBC Capital Markets, LLC
Fees:	2.25%
Cusip:	78012KBJ5

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