New Issue: RBC prices $1.7 million buffered enhanced return notes linked to Nasdaq-100

By William Gullotti

Buffalo, N.Y., April 12 – Royal Bank of Canada priced $1.7 million of 0% buffered enhanced return notes due March 30, 2026 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the return, capped at par plus 21%.

Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

RBC Capital Markets, LLC is the selling agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered enhanced return notes
Underlying index:	Nasdaq-100 index
Amount:	$1,699,000
Maturity:	March 30, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return, capped at par plus 21%; par if index declines by 10% or less; 1% loss for every 1% of index decline beyond 10%
Initial level:	18,277.06
Buffer level:	16,449.35; 90% of initial level
Pricing date:	March 25
Settlement date:	March 28
Selling agent:	RBC Capital Markets, LLC
Fees:	1.993%
Cusip:	78017FJT1

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