E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/29/2006 in the Prospect News Structured Products Daily.

New Issue: RBC prices $4.746 million 0% notes linked to Euro Stoxx, Nikkei

By Jennifer Chiou

New York, Dec. 28 - Royal Bank of Canada priced a $4.746 million issue of 0% principal-protected senior notes due Dec. 28, 2009 linked to a basket of indexes, according to a SUPPL filing with the Securities and Exchange Commission.

The underlying indexes include equal weights of the Nikkei 225 and the Dow Jones Euro Stoxx 50.

Payout at maturity will be par plus any again on the index basket on Dec. 22, 2009, the final valuation date. Investors will receive at least par.

RBC Capital Markets Corp. is the underwriter.

Issuer:Royal Bank of Canada
Issue:Principal-protected senior global medium-term notes
Underlying indexes:Equally weighted Dow Jones Euro Stoxx 50, Nikkei 225
Amount:$4.746 million
Maturity:Dec. 28, 2009
Coupon:0%
Price:Par
Payout at maturity:Par plus basket return; floor of par
Pricing date:Dec. 22
Settlement date:Dec. 28
Underwriter:RBC Capital Markets Corp.
Fees:3.75%

© 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.