New Issue: RBC prices $1.8 million bullish barrier enhanced return notes tied to Euro Stoxx 50

By Marisa Wong

Madison, Wis., June 6 – Royal Bank of Canada priced $1.8 million of 0% bullish barrier enhanced return notes due June 8, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 1.74 times the index return.

If the index declines by up to 30%, the payout will be par. If the index declines by more than 30%, investors will be fully exposed to losses from the initial index level.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Bullish barrier enhanced return notes
Underlying index:	Euro Stoxx 50
Amount:	$1.8 million
Maturity:	June 8, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.74 times gain; if index falls by up to 30%, par; otherwise, full exposure to losses from initial index level
Initial level:	3,267.05
Barrier level:	2,286.94, 70% of initial level
Pricing date:	June 5
Settlement date:	June 10
Agent:	RBC Capital Markets, LLC
Fees:	0.5%
Cusip:	78010UA72

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