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Published on 6/1/2016 in the Prospect News Structured Products Daily.

RBC plans three-year capped trigger gears linked to Euro Stoxx 50

By Susanna Moon

Chicago, June 1 – Royal Bank of Canada plans to price 0% trigger gears due June 28, 2019 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 of $10 plus double any index gain, up to a maximum gain of 42% to 46%.

Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below the 70% trigger level.

RBC Capital Markets, LLC is the agent, with UBS Financial Services Inc. as dealer.

The notes will price on June 28 and settle on June 30.

The Cusip number is 78014C269.


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