New Issue: RBC prices $3.35 million digital plus barrier notes linked to Stoxx

By William Gullotti

Buffalo, N.Y., Jan. 4 – Royal Bank of Canada priced $3.35 million of 0% digital plus barrier notes due Nov. 17, 2026 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes flat or gains, the payout at maturity will be the greater of par plus the index return and par plus the 50.6% digital return.

If the index declines up to 25%, investors will receive par. Otherwise, investors will be fully exposed to the decline of the index from its initial level.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Digital plus barrier notes
Underlying index:	Euro Stoxx 50 index
Amount:	$3.35 million
Maturity:	Nov. 17, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes flat or gains, the greater of par plus the index return and par plus the 50.6% digital return; if the index declines up to 25%, par; otherwise, full exposure to decline
Initial level:	4,370.33
Barrier level:	3,277.75; 75% of initial level
Pricing date:	Nov. 12
Settlement date:	Nov. 17
Agent:	RBC Capital Markets, LLC
Fees:	3%
Cusip:	78016F5M2

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