New Issue: RBC prices $6.15 million buffered bullish enhanced return notes linked to Russell 2000

By Susanna Moon

Chicago, Oct. 21 – Royal Bank of Canada priced $6.15 million of 0% buffered bullish enhanced return notes due Oct. 22, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 129% of any index gain.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered bullish enhanced return notes
Underlying index:	Russell 2000
Amount:	$6,146,000
Maturity:	Oct. 22, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 129% of any index gain; par if index falls by up to 10%; 1.1111% loss per 1% drop beyond 10%
Initial index level:	1,082.325
Buffer level:	974.093, 90% of initial level
Pricing date:	Oct. 17
Settlement date:	Oct. 22
Agent:	RBC Capital Markets, LLC
Fees:	1%
Cusip:	78010U4T1

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