New Issue: RBC sells $947,000 barrier income notes on S&P, Russell, Nasdaq

Chicago, April 19 – Royal Bank of Canada priced $947,000 of 8.25% barrier income notes due Jan. 24, 2025 linked to the least performing of the S&P 500 index, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

If each underlying index finishes at or above its 70% barrier level, the payout at maturity will be par plus the final interest payment.

Otherwise, investors will be fully exposed to the decline of the worst performing index.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier income notes
Underlying indexes:	S&P 500 index, Russell 2000 index, Nasdaq-100 index
Amount:	$947,000
Maturity:	Jan. 24, 2025
Coupon:	8.25% per year, payable quarterly
Price:	Par
Payout at maturity:	If each underlying index finishes at or above its barrier level, par plus interest; otherwise, full exposure to losses of worst performing index
Initial levels:	4,780.94 for S&P, 1,923.653 for Russell, 16,982.29 for Nasdaq
Barrier levels:	3,346.66 for S&P, 1,346.557 for Russell, 11,887.60 for Nasdaq, 70% of initial levels
Pricing date:	Jan. 19
Settlement date:	Jan. 24
Agent:	RBC Capital Markets, LLC
Fees:	0.2%
Cusip:	78017FD34

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