New Issue: RBC prices $2.36 million of capped gears tied to Euro Stoxx 50 index

By Wendy Van Sickle

Columbus, Ohio, Sept. 30 – Royal Bank of Canada priced $2.36 million of 0% capped gears due Oct. 31, 2017 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 triple any index gain, up to a maximum return of 21.6%.

Investors will lose 1% for each 1% decline.

UBS Financial Services Inc. and RBC Capital Markets, LLC are the agents.

Issuer:	Royal Bank of Canada
Issue:	Capped gears
Underlying index:	Euro Stoxx 50
Amount:	$2,362,220
Maturity:	Oct. 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any index gain, capped at 21.6%; 1% loss for each 1% decline
Initial index level:	2,991.11
Pricing date:	Sept. 28
Settlement date:	Sept. 30
Agents:	UBS Financial Services Inc. and RBC Capital Markets, LLC
Fees:	2%
Cusip:	78014C574

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