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RBC plans PLUS with 3x leverage, cap due 2020 tied to Euro Stoxx 50
By Susanna Moon
Chicago, Sept. 21 – Royal Bank of Canada plans to price 0% Performance Leveraged Upside Securities due Jan. 3, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to a maximum amount of $12.87 per $10.00 PLUS.
Investors will be exposed to any losses.
RBC Capital Markets, LLC is the underwriter. Morgan Stanley Wealth Management is the dealer.
The notes will price on Sept. 28.
The Cusip number is 78014G534.
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