New Issue: RBC prices $500,000 notes due 2021 linked to index basket

By Wendy Van Sickle

Columbus, Ohio, Dec. 27 – Royal Bank of Canada priced $500,000 of 0% notes due Dec. 23, 2021 linked to an equally weight basket of the S&P 500 index, the Euro Stoxx 50 index and the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any basket gain up to a maximum payout of 123.5% of par.

Investors will receive par if the basket finishes flat or declines.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Notes
Underlying basket:	Euro Stoxx 50 index, S&P 500 index, Nikkei 225 index, equal weights
Amount:	$500,000
Maturity:	Dec. 23, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain up to 123.5% of par; par if the basket finishes flat or declines
Initial level:	3,051.38 for Stoxx, 20,987.92 for Nikkei, 2,506.96 for S&P
Pricing date:	Dec. 19
Settlement date:	Dec. 24
Agent:	RBC Capital Markets, LLC
Fees:	1.25%
Cusip:	78013XUC0

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