New Issue: RBC prices $3.08 million more leveraged buffered notes on MSCI EAFE

By Toni Weeks

San Diego, Dec. 15 - Royal Bank of Canada priced an additional $3.08 million of 0% leveraged buffered index-linked notes due June 12, 2013 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

This brings the deal size to $8.89 million, increased from $5.81 million.

Goldman Sachs & Co. is the underwriter.

The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,185 per $1,000 principal amount.

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

The initial index level of 1,462.30 is higher than the closing level of 1,455.30 on the Dec. 5 pricing date and the closing level of 1,396.10 on the Dec. 13 pricing date.

Issuer:	Royal Bank of Canada
Issue:	Leveraged buffered index-linked notes
Underlying index:	MSCI EAFE
Amount:	$8,894,000, increased from $5.81 million
Maturity:	June 12, 2013
Coupon:	0%
Prices:	Par for $5.81 million; 97.75% of par for $3,084,000
Payout at maturity:	Par plus 200% of any index gain, capped at 18.5%; par if index falls by up to 15%; 1.1765% loss for each 1% drop beyond 15%
Initial index level:	1,462.30
Buffer level:	1,242.955, or 85% of initial index level
Pricing dates:	Dec. 5 for $5.81 million, Dec. 13 for $3,084,000 million add-on
Settlement dates:	Dec. 12 for $5.81 million; Dec. 20 for $3,084,000 million add-on
Underwriter:	Goldman Sachs & Co.
Fees:	0.25%
Cusip:	78010W277

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