New Issue: RBC sells $12.04 million leveraged basket-linked notes on indexes

By Sarah Lizee

Olympia, Wash., July 15 – Royal Bank of Canada priced $12.04 million of 0% leveraged notes due Sept. 14, 2022 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 3 times the basket return, subject to a maximum of $1,360 for each $1,000 principal amount.

Investors will be exposed to any basket decline.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged notes
Underlying indexes:	Euro Stoxx 50 (36% weight), Topix (29% weight), FTSE 100 (16% weight), Swiss Market (11% weight) and S&P/ASX 200 (8% weight)
Amount :	$12,043,000
Maturity:	Sept. 14, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket return is positive, par plus 3 times the basket gain, up to maximum of $1,360 for each $1,000 principal amount; full exposure to losses
Initial levels:	3,296.22 for Euro Stoxx, 1,535.2 for Topix, 6,095.41 for FTSE, 10,229.97 for Swiss Market, 5,919.217 for S&P/ASX 200
Pricing date:	July 10
Settlement date:	July 17
Agent:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78015KXX7

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