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Published on 5/8/2015 in the Prospect News Structured Products Daily.

RBC plans to price notes linked to basket of five indexes

By Toni Weeks

San Luis Obispo, Calif., May 8 – Royal Bank of Canada plans to price 0% notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The notes will mature between 25 and 28 months after issue.

The payout at maturity will be par plus the basket return. Investors will be fully exposed to any decline in the basket.

The Cusip is 78012KEC7.

RBC Capital Markets, LLC is the agent.


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