New Issue: RBC sells $400,000 six-year individually capped notes tied to 15 stocks

By Susanna Moon

Chicago, Oct. 19 – Royal Bank of Canada priced $400,000 of 0% individually capped stock basket notes due Oct. 18, 2023 linked to a basket of 15 equally weighted common stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the common stocks of AbbVie Inc., Cisco Systems, Inc., Ford Motor Co., General Motors Co., International Business Machines Corp., MetLife, Inc., Altria Group, Inc., Merck & Co., Inc., Pfizer Inc., Procter & Gamble Co., Philip Morris International Inc., Prudential Financial, Inc., AT&T Inc., Verizon Communications Inc. and Wal-Mart Stores, Inc.

The payout at maturity will be par plus any basket gain, with the upside return of each underlying stock capped at 180%.

If the basket falls, the payout will be par.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Individually capped stock basket notes
Underlying stocks:	AbbVie Inc., Cisco Systems, Inc., Ford Motor Co., General Motors Co., International Business Machines Corp., MetLife, Inc., Altria Group, Inc., Merck & Co., Inc., Pfizer Inc., Procter & Gamble Co., Philip Morris International Inc., Prudential Financial, Inc., AT&T Inc., Verizon Communications Inc. and Wal-Mart Stores, Inc., equally weighted
Amount:	$400,000
Maturity:	Oct. 18, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, with each stock return capped at 180%, and floor of par
Pricing date:	Oct. 13
Settlement date:	Oct. 18
Agent:	RBC Capital Markets, LLC
Fees:	3%
Cusip:	78013GJR7

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