RBC plans bullish enhanced return notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, May 7 – Royal Bank of Canada plans to price 0% bullish enhanced return notes due Nov. 20, 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 140% to 145% of any index gain. The exact leverage factor will be set at pricing.

Investors will be exposed to any losses.

RBC Capital Markets, LLC is the underwriter.

The notes will price on May 15 and settle on May 20.

The Cusip number is 78012KEB9.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.