New Issue: RBC sells $3 million contingent digital barrier notes on Facebook

By Marisa Wong

Morgantown, W.Va., Oct. 26 – Royal Bank of Canada priced $3 million of 0% contingent digital return barrier notes due Nov. 5, 2019 linked to the common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock return is greater than or equal to negative 20%, the payout at maturity will be par plus the contingent digital return of 13.05%.

Otherwise, investors will receive a number of shares of Facebook stock equal to $1,000 divided by the initial price or, at the issuer’s option, the cash value of those shares.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Contingent digital return barrier notes
Underlying stock:	Facebook, Inc. (Symbol: FB)
Amount:	$3 million
Maturity:	Nov. 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the stock return is greater than or equal to negative 20%, par plus 13.05%; otherwise, a number of shares of Facebook stock equal to $1,000 divided by the initial price or, at the issuer’s option, the cash value of those shares
Initial price:	$154.92
Barrier price:	$123.94, 80% of initial price
Pricing date:	Oct. 18
Settlement date:	Oct. 23
Agent:	RBC Capital Markets, LLC
Fees:	1%
Cusip:	78013XP69

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