New Issue: RBC prices $5 million return optimization notes tied to Facebook

By Marisa Wong

Madison, Wis., July 23 – Royal Bank of Canada priced $5 million of 0% return optimization securities due July 25, 2018 linked to Facebook, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 5 times any gain in the share price, up to a maximum return of 51%.

Investors will be exposed to any losses.

RBC Capital Markets, LLC is the underwriter with UBS Financial Services Inc. handling distribution.

Issuer:	Royal Bank of Canada
Issue:	Return optimization securities
Underlying stock:	Facebook, Inc. (Symbol: FB)
Amount:	$5 million
Maturity:	July 25, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 500% of any share price gain, capped at 51%; exposure to any losses
Initial price:	$97.91
Pricing date:	July 21
Settlement date:	July 24
Underwriter:	RBC Capital Markets, LLC with UBS Financial Services Inc. handling distribution
Fees:	2%
Cusip:	78013D441

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