New Issue: RBC prices $3.99 million barrier enhanced return notes linked to Euro Stoxx, FTSE

By Wendy Van Sickle

Columbus, Ohio, July 19 – Royal Bank of Canada priced $3.99 million of 0% barrier enhanced return notes due July 22, 2021 linked to an equally weighted basket of the Euro Stoxx 50 index and the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 150% of the basket return. Investors will receive par if the basket falls by up to the barrier percentage, 42%, and will be fully exposed to the basket’s decline if it falls by more than 42%.

RBC Capital Markets, LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Barrier enhanced return notes
Basket components:	Euro Stoxx 50 index and FTSE 100 index, each with a 50% weight
Amount:	$3,992,000
Maturity:	July 22, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket gain; par if basket declines by up to 42%; full exposure to loss if basket falls by more than 42%
Initial index levels:	2,949.17 for Euro Stoxx 50 and 6,695.42 for FTSE 100
Pricing date:	July 18
Settlement date:	July 22
Underwriter:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78012KRB5

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