New Issue: RBC prices $5.01 million capped market-linked notes with principal return on Nasdaq

By William Gullotti

Buffalo, N.Y., July 6 – Royal Bank of Canada priced $5.01 million of 0% market-linked notes – upside participation to a cap and principal return at maturity due Jan. 5, 2027 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the index return, subject to a maximum payout of par plus 28.45%.

Otherwise, investors will receive par.

Wells Fargo Securities, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Market-linked notes – upside participation to a cap and principal return at maturity
Underlying index:	Nasdaq-100 index
Amount:	$5,013,000
Maturity:	Jan. 5, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above initial level, par plus the index return, subject to a maximum payout of par plus 28.45%; otherwise, par
Initial level:	14,939.95
Pricing date:	June 29
Settlement date:	July 5
Agent:	Wells Fargo Securities, LLC
Fees:	3.5%
Cusip:	78016NDR5

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