New Issue: RBC prices $1.23 million barrier digital return notes on three indexes

By William Gullotti

Buffalo, N.Y., June 14 – Royal Bank of Canada priced $1.23 million of 0% barrier digital return notes due June 10, 2024 linked to the least performing of the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying index finishes at or above its 70% barrier level, the payout at maturity will be par plus the digital return of 11%.

Otherwise, investors will be fully exposed to the decline of the worst performing index from its initial level.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier digital return notes
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 index, Russell 2000 index
Amount:	$1,225,000
Maturity:	June 10, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlying index finishes at or above its barrier level, par plus 11%; otherwise, full exposure to decline of worst performing index from initial level
Initial levels:	33,762.76 for Dow, 14,546.64 for Nasdaq, 1,830.906 for Russell
Barrier levels:	23,633.93 for Dow, 10,182.65 for Nasdaq, 1,281.634 for Russell; 70% of initial levels
Pricing date:	June 2
Settlement date:	June 7
Agent:	RBC Capital Markets, LLC
Fees:	0.4%
Cusip:	78016NDX2

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