New Issue: RBC prices $2.34 million enhanced return notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., June 18 – Royal Bank of Canada priced $2.34 million of 0% buffered bullish enhanced return notes due June 21, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum return of 34%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered bullish enhanced return notes
Underlying index:	Euro Stoxx 50
Amount:	$2.34 million
Maturity:	June 21, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return, subject to maximum return of 34%; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:	3,261.42
Pricing date:	June 16
Settlement date:	June 19
Underwriter:	RBC Capital Markets, LLC
Fees:	2%
Cusip:	78010UC88

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