New Issue: RBC prices $1.54 million notes linked to performance-weighted index basket

By William Gullotti

Buffalo, N.Y., Feb. 5 – Royal Bank of Canada priced $1.54 million of 0% notes due Feb. 2, 2029 linked to an index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index. The weighting of the basket is determined by the performance of each index at maturity, with the best performing index weighted at 80%, the next best weighted at 20% and the worst at 0%.

If the basket finishes at or above its initial level, the payout at maturity will be par plus the basket return.

Investors will be fully exposed to any basket decline.

RBC Capital Markets LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Notes
Underlying basket:	Russell 2000 index, S&P 500 index, Euro Stoxx 50 index; basket weighted based upon performance at maturity with the best performing index weighted at 80%, the next best weighted at 20% and the worst at 0%
Amount:	$1,535,000
Maturity:	Feb. 2, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus basket return with full exposure to loss
Initial levels:	1,996.236 for Russell, 4,924.97 for S&P, 4,662.7 for Stoxx
Pricing date:	Jan. 30
Settlement date:	Feb. 2
Agent:	RBC Capital Markets, LLC
Fees:	0.25%
Cusip:	78017FDV2

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