RBC to price leveraged buffered notes linked to basket of indexes

By Sarah Lizee

Olympia, Wash., Nov. 6 – Royal Bank of Canada plans to price 0% leveraged buffered notes due in 18 to 21 months 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 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% 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 200% of any basket gain, capped at $1,191.60 to $1,224.60 per $1,000 of notes.

Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

RBC Capital Markets, LLC is the agent.

The Cusip number is 78013XR91.

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