RBC plans leveraged notes due 2018 with cap linked to five indexes

By Susanna Moon

Chicago, March 3 – Royal Bank of Canada plans to price 0% leveraged basket-linked notes due 2018 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The notes will mature between 24 and 27 months after pricing.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price 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 triple any basket gain, up to a maximum settlement amount of $1,375 to $1,441 for each $1,000 principal amount of notes.

Investors will be exposed to any losses.

The exact deal terms, including maturity and cap, will be set at pricing.

RBC Capital Markets, LLC is the agent.

The Cusip number is 78012KLQ8.

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