New Issue: RBC prices $1.48 million bullish barrier booster notes on Russell 2000

By Jennifer Chiou

New York, Dec. 18 - Royal Bank of Canada priced $1,483,000 of 0% bullish barrier booster notes due Dec. 17, 2015 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains by more than 20%, the payout at maturity will be par plus the gain, up to a maximum return of 34%.

If the index gains by up to 20% or falls by up to 20%, the payout will be par plus the booster coupon of 20%.

Investors will be exposed to any decline if the index falls beyond 20%.

RBC Capital Markets, LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Bullish barrier booster notes
Underlying index:	Russell 2000
Amount:	$1,483,000
Maturity:	Dec. 17, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains by more than 20%, par plus gain, capped at 34%; if index gains by up to 20% or falls by up to 20%, par plus booster coupon of 20%; exposure to losses if index falls beyond 20%
Initial level:	823.75
Pricing date:	Dec. 14
Settlement date:	Dec. 19
Underwriter:	RBC Capital Markets, LLC
Fees:	2.75%
Cusip:	78008SSG2

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