New Issue: RBC prices $1.9 million buffered bullish enhanced return notes linked to Euro Stoxx 50

By Jennifer Chiou

New York, May 1 - Royal Bank of Canada priced $1,899,000 of 0% buffered bullish enhanced return notes due May 2, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 133% of any index gain.

Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered bullish enhanced return notes
Underlying index:	Euro Stoxx 50
Amount:	$1,899,000
Maturity:	May 2, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.33 times any index gain; par if index falls by up to 15%; exposure to losses beyond 15% buffer
Initial index level:	3,165.84
Buffer level:	2,690.96, 85% of initial level
Pricing date:	April 28
Settlement date:	April 30
Agent:	RBC Capital Markets, LLC
Fees:	2.75%
Cusip:	78010UUL9

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