New Issue: RBC prices $5.54 million leveraged buffered notes with cap on indexes

By Wendy Van Sickle

Columbus, Ohio, Sept. 21 – Royal Bank of Canada priced $5.54 million of 0% leveraged buffered capped notes due July 20, 2018 linked to a basket of 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 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 2 times any basket gain, up to a maximum settlement amount of $1,240 for each $1,000 principal amount.

Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

RBC Capital Markets, LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Leveraged buffered notes
Underlying basket:	Euro Stoxx 50 index with a 37% weight, FTSE 100 index with a 23% weight, Tokyo Stock Price index with a 23% weight, Swiss Market index with a 9% weight and S&P/ASX 200 index with an 8% weight
Amount:	$5,544,000
Maturity:	July 20, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any basket gain, capped at 24%; par if the basket falls by up to 10%; 1.1111% loss for every 1% decline beyond 10%
Initial levels:	2,935.25 for Euro Stoxx, 6,710.28 for FTSE, 1,311.50 for Topix, 8,130.44 for Swiss Market and 5,296.698 for S&P/ASX
Pricing date:	Sept. 16
Settlement date:	Sept. 23
Underwriter:	RBC Capital Markets, LLC
Fees:	1.84%
Cusip:	78012KTM9

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