New Issue: RBC prices $4.21 million leveraged buffered notes linked to MSCI EAFE index

Chicago, Aug. 14 – Royal Bank of Canada priced $4.21 million of 0% leveraged buffered notes due Sept. 26, 2025 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the gain, subject to a maximum settlement amount of $1,300 for each $1,000 principal amount. Investors will receive par if the index falls by 17.5% or less and lose 1.2121% for every 1% decline in the index beyond 17.5%.

RBC Capital Markets, LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Leveraged buffered notes
Underlying index:	MSCI EAFE index
Amount:	$4,211,000
Maturity:	Sept. 26, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of gain, subject to a maximum settlement amount of $1,300 for each $1,000 principal amount; par if index falls by up to 17.5%; 1.2121% loss for every 1% decline in index beyond 17.5%
Initial index level:	2,181.78
Buffer level:	82.5% of initial level
Pricing date:	July 26
Settlement date:	Aug. 2
Underwriter:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78016NQR1

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