New Issue: RBC prices $153,000 leveraged notes due 2017 linked to index basket

By Wendy Van Sickle

Columbus, Ohio, April 18 – Royal Bank of Canada priced $153,000 of 0% leveraged notes due Oct. 5, 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.

If the basket return is positive, the payout at maturity will be par plus triple the basket return, subject to a maximum settlement amount of $1,312 for each $1,000 principal amount of notes. Investors will be fully exposed to any decline in the basket.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged notes
Underlying indexes:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$153,000
Maturity:	Oct. 5, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3 times any basket gain, up to maximum settlement amount of $1,312 for each $1,000 principal amount; full exposure to any basket decline
Initial levels:	3,060.86 for Euro Stoxx 50; 6365.10 for FTSE 100; 1,371.35 for Topix: 8,021.00 for Swiss Market and 5,118.622 for S&P/ASX 200
Pricing date:	April 14
Settlement date:	April 21
Agent:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78012KNG8

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