New Issue: RBC prices $2.7 million leveraged buffered notes tied to stock basket

By Tali Rackner

Norfolk, Va., Oct. 19 – Royal Bank of Canada priced $2.7 million of 0% leveraged buffered notes due Dec. 20, 2017 linked to a basket of five 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 payout at maturity will be par plus 1.5 times any basket gain, up to a maximum settlement amount of $1,258.75 for each $1,000 principal amount.

Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged buffered notes
Underlying indexes:	Euro Stoxx 50 index (37% weight), FTSE 100 index (23% weight), Topix index (23% weight), Swiss Market index (9% weight) and S&P/ASX 200 index (8% weight)
Amount:	$2,697,000
Maturity:	Dec. 20, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 1.5 times any basket gain, capped at $1,258.75 for each $1,000 principal amount; par if basket declines by 15% or less; 1.1765% loss for every 1% drop beyond 15%
Initial level:	3,238.81 for Euro Stoxx, 6,338.67 for FTSE, 1,490.72 for Topix, 8,653.35 for Swiss, 5,230.045 for S&P/ASX
Pricing date:	Oct. 15
Settlement date:	Oct. 22
Agent:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78012KHS9

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