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Published on 6/6/2018 in the Prospect News Structured Products Daily.

New Issue: RBC sells $4.98 million trigger jump securities on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., June 6 – Royal Bank of Canada priced $4.98 million of 0% trigger jump securities due June 3, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par of $10 plus the greater of the index return and 32.2%.

The payout will be par if the index declines by 10% or less. If the index declines by more than 10%, investors will lose 1% for each 1% decline from the initial level.

RBC Capital Markets, LLC is the agent, with Morgan Stanley Wealth Management handling distribution.

Issuer:Royal Bank of Canada
Issue:Trigger jump securities
Underlying index:Euro Stoxx 50
Amount:$4,982,490
Maturity:June 3, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:If the index return is zero or positive, par plus the greater of the index return and 32.2%; par if the index declines by 10% or less; otherwise, 1% loss for each 1% decline from the initial level
Initial index level:3,406.65
Downside threshold:3,065.99, 90% of initial level
Pricing date:May 31
Settlement date:June 5
Underwriter:RBC Capital Markets, LLC
Distribution:Morgan Stanley Wealth Management
Fees:2.5%
Cusip:78013Q772

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