New Issue: RBC sells $1.29 million leveraged notes due 2018 linked to index basket

By Devika Patel

Knoxville, Tenn., March 4 – Royal Bank of Canada priced $1.29 million of 0% leveraged notes due April 6, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket is made up of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index, also 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 gain in the basket, up to maximum settlement amount of $1,414 for each $1,000 of notes.

Investors will be exposed to any declines.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged notes
Underlying indexes:	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
Amount:	$1,288,000
Maturity:	April 6, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus triple any basket gain, capped at $1,414 for each $1,000 of notes; 1% loss for every 1% drop
Initial levels:	3,022.14 for Euro Stoxx 50, 6,147.06 for FTSE 100, 1,349.61 for Topix, 8,039.89 for Swiss Market and 5,021.23 for S&P/ASX 200
Pricing date:	March 2
Settlement date:	March 9
Agents:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78012KLQ8

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