New Issue: RBC prices $1.02 million four-year market-linked securities tied to Stoxx

By Wendy Van Sickle

Columbus, Ohio, Nov. 8 – Royal Bank of Canada priced $1.02 million of 0% market-linked securities with leveraged upside participation and fixed percentage buffered downside due Nov. 7, 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 160% of any index gain.

Investors will receive par if the index falls by up to 30% and will lose 1% for every 1% decline beyond 30%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Market-linked securities with leveraged upside participation and fixed percentage buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$1,027,000
Maturity:	Nov. 7, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 160% of any index gain; if the index falls by up to 30%, par; 1% for each 1% decline in index beyond 30%
Initial level:	3,197.51
Buffer level:	2,238.257, 70% of initial level
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	Wells Fargo Securities, LLC
Fees:	4.07%
Cusip:	78013XJ82

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