| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers H > Headlines for Hang Seng China Enterprises index > News item |
RBC plans 14-month capped gears tied to Hang Seng China Enterprises
By Susanna Moon
Chicago, Aug. 9 – Royal Bank of Canada plans to price 0% capped gears due Oct. 31, 2019 linked to the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to a maximum gain of 26% to 27.9%.
Investors will lose 1% for each 1% decline.
The guarantor is Goldman Sachs Group, Inc.
UBS Financial Services Inc. and RBC Capital Markets, LLC are the agents.
The notes will price on Aug. 29 and settle on Aug. 31.
The Cusip number is 78014G476.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.