New Issue: RBC sells $20.1 million buffered enhanced return notes on index basket

By Wendy Van Sickle

Columbus, Ohio, July 5 – Royal Bank of Canada priced $20.1 million of 0% buffered enhanced return notes due July 5, 2019 linked to a basket containing the Euro Stoxx 50 index with a 60% weight, the FTSE 100 index with a 25% weight and the Swiss Market index with a 15% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 153.4% of any gain in the basket.

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

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered enhanced return notes
Underlying indexes:	Euro Stoxx 50 index with a 60% weight, FTSE 100 index with a 25% weight and Swiss Market index with a 15% weight
Amount:	$20,098,000
Maturity:	July 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 153.4% of any basket gain; par if basket falls by 10% or less; 1% loss per 1% decline beyond 10%
Initial levels:	3,441.88 for Stoxx, 7,312.72 for FTSE, 8,906.89 for Swiss Market
Pricing date:	June 30
Settlement date:	July 6
Underwriter:	RBC Capital Markets, LLC
Fees:	0%
Cusip:	78012KX36

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