New Issue: RBC sells $1.67 million leveraged market-linked notes on Stoxx

By Sarah Lizee

Olympia, Wash., Oct. 8 – Royal Bank of Canada priced $1.67 million of 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due Oct. 4, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, capped at par plus 29%.

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

Wells Fargo Securities, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	Euro Stoxx 50
Amount:	$1,668,000
Maturity:	Oct. 4, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 29%; par if the index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial index level:	3,569.45
Threshold level:	3,212.505, 90% of initial level
Pricing date:	Sept. 30
Settlement date:	Oct. 3
Agent:	Wells Fargo Securities, LLC
Fees:	2.84%
Cusip:	78015KBE3

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