New Issue: RBC prices $1.71 million buffered digital notes linked to Nvidia

By Wendy Van Sickle

Columbus, Ohio, Nov. 1 – Royal Bank of Canada priced $1.71 million of 0% buffered digital notes due Oct. 29, 2026 linked to the shares of Nvidia Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 53% if the stock finishes at or above 80% of its initial level.

Otherwise, investors will lose 1% for every 1% decline beyond 20%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered digital notes
Underlying stock:	Nvidia Corp.
Amount:	$1,709,000
Maturity:	Oct. 29, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 53% if stock finishes at or above buffer level; otherwise, lose 1% for every 1% decline beyond 20%
Initial level:	$403.26
Buffer level:	$322.61; 80% of initial level
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agent:	RBC Capital Markets, LLC
Fees:	2.25%
Cusip:	78016NW78

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