New Issue: RBC prices $2.38 million buffered bullish booster notes on Russell 2000

By Marisa Wong

Madison, Wis., Feb. 28 - Royal Bank of Canada priced $2.38 million of 0% buffered bullish booster notes due Nov. 28, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the greater of the index return and the 15% booster coupon, up to a maximum return of 38.25%.

Investors will receive par if the index falls by up to 15% and will be exposed to any decline beyond 10%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Buffered bullish booster notes
Underlying index:	Russell 2000
Amount:	$2.38 million
Maturity:	Nov. 28, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus greater of index gain and 15%, capped at 38.25%; par if index falls by up to 15%; exposure to losses beyond 15%
Initial level:	826.92
Buffer level:	702.88, 85% of initial level
Pricing date:	Feb. 24
Settlement date:	Feb. 29
Agent:	RBC Capital Markets, LLC
Fees:	2.75%, used for selling concessions
Cusip:	78008TS47

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