New Issue: RBC prices $12.68 million leveraged notes on MSCI EAFE via Goldman

By Susanna Moon

Chicago, May 6 - Royal Bank of Canada priced $12.68 million of 0% leveraged equity index-linked notes due Dec. 11, 2012 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

Goldman, Sachs & Co. is the underwriter.

The payout at maturity will be par plus triple any index gain, up to a maximum settlement amount of $1,260.10 per $1,000 principal amount.

Investors will be exposed to any losses.

Issuer:	Royal Bank of Canada
Issue:	Leveraged equity index-linked notes
Underlying index:	MSCI EAFE
Amount:	$12,684,000
Maturity:	Dec. 11, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at 26.01%; exposure to losses
Initial index level:	1,788.39
Pricing date:	May 4
Settlement date:	May 11
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%
Cusip:	78008A824

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