New Issue: RBC prices $3.7 million leveraged buffered notes tied to index basket

By Marisa Wong

Morgantown, W.Va., Nov. 7 – Royal Bank of Canada priced $3.7 million of 0% leveraged buffered notes due Nov. 1, 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 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.

The payout at maturity will be par plus 1.5 times any basket gain, up to a maximum settlement amount of $1,298.50 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, Topix index with a 23% weight, Swiss Market index with a 9% weight and S&P/ASX 200 index with an 8% weight
Amount:	$3.7 million
Maturity:	Nov. 1, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket gain, capped at 29.85%; par if the basket falls by up to 10%; 1.1111% loss for every 1% decline beyond 10%
Initial levels:	3,085.17 for Euro Stoxx, 6,986.57 for FTSE, 1,382.01 for Topix, 7,924.39 for Swiss Market and 5,295.545 for S&P/ASX
Pricing date:	Oct. 27
Settlement date:	Nov. 3
Underwriter:	RBC Capital Markets, LLC
Fees:	2%
Cusip:	78012KUU9

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