| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
RBC plans to price 0% buffered PLUS linked to Euro Stoxx 50 index
By Tali Rackner
Norfolk, Va., July 8 – Royal Bank of Canada plans to price 0% Buffered Performance Leveraged Upside Securities due July 20, 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 36.2%.
Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
RBC Capital Markets, LLC is the agent with Morgan Stanley Wealth Management as distributor.
The notes will price on July 17 and settle on July 22.
The Cusip number is 78013D367.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.