New Issue: RBC prices $424,000 of notes due 2025 linked to basket of indexes

By Sarah Lizee

Olympia, Wash., Feb. 27 – Royal Bank of Canada priced $424,000 of 0% notes due Feb. 28, 2025 linked to an equally weighted basket of three indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index.

The payout at maturity will be par plus any basket gain.

If the basket declines, the payout will be par.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Notes
Underlying basket:	S&P 500 index, Russell 2000 index and Euro Stoxx 50 index, equal weights
Amount:	$424,000
Maturity:	Feb. 28, 2025
Contingent coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain; if the basket declines, par
Initial levels:	2,796.11 for S&P, 1,588.805 for Russell, 3,280.01 for Stoxx
Pricing date:	Feb. 28
Settlement date:	Feb. 28
Agent:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78013XYA0

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