New Issue: RBC prices $5.71 million trigger jump securities linked to Facebook

By Kiku Steinfeld

Chicago, June 28 – Royal Bank of Canada priced $5.71 million of 0% trigger jump securities due July 6, 2023 linked to Facebook, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

If the stock finishes at or above the initial level, the payout at maturity will be par of $10 plus the upside payment of 35.25%.

Investors will receive par if the stock falls by up to 10% and will be fully exposed to any losses if the stock finishes below the 90% trigger level.

RBC Capital Markets, LLC is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:	Royal Bank of Canada
Issue:	Trigger jump securities
Underlying stock:	Facebook, Inc.
Amount:	$5,709,900
Maturity:	July 6, 2023
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If final share price is greater than or equal to initial share price, par plus 35.25%; if final share price is less than initial share price but greater than or equal to trigger share price, par; if final share price is less than trigger share price, full exposure to stock’s decline from initial share price
Initial share price:	$331.26
Trigger price:	$298.13, 90% of initial share price
Pricing date:	June 11
Settlement date:	June 16
Agent:	RBC Capital Markets, LLC
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	78014U186

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