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Published on 9/14/2006 in the Prospect News Convertibles Daily.

RBC to price notes linked to global index basket

By Jennifer Chiou

New York, Sept. 14 - Royal Bank of Canada is planning to price an issue of principal-protected senior notes due Sept. 30, 2011 linked to a global index basket, according to a SUPPL filing with the Securities and Exchange Commission.

The underlying indexes include equal weights of the S&P 500, Nikkei 225 and Dow Jones Euro Stoxx 50.

The notes will be priced on Sept. 27 and will settle on Sept. 29.

Payout at maturity will par plus any again on the index basket on Sept. 28, 2011, the final valuation date. Investors will receive at least par.

RBC Capital Markets Corp. will be the underwriter.


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