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Published on 5/4/2018 in the Prospect News Structured Products Daily.

New Issue: RBC prices $1.02 million par protected notes due 2022 tied to Stoxx 50

By Susanna Moon

Chicago, May 4 – Royal Bank of Canada priced $1.02 million of 0% notes due July 28, 2022 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 any index gain.

If the index falls, the payout will be par.

RBC Capital Markets, LLC is the agent.

Issuer:Royal Bank of Canada
Issue:Notes
Underlying index:Euro Stoxx 50
Amount:$1,024,000
Maturity:July 28, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, floor of par
Initial level:3,485.83
Pricing date:April 25
Settlement date:April 30
Agent:RBC Capital Markets, LLC
Fees:3.25%
Cusip:78013XJD1

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