New Issue: RBC prices $1.43 million barrier booster notes linked to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, June 6 – Royal Bank of Canada priced $1.43 million of 0% barrier booster notes due Dec. 2, 2021 linked to the worse performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser performing index gains by more than 19%, the payout at maturity will be par plus that gain.

If the lesser performing index finishes flat or gains by no more than 19%, the payout will be par plus 19%.

If the lesser performing index falls by up to 20%, the payout will be par.

Otherwise, investors will be exposed to any losses.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier booster notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$1,425,000
Maturity:	Dec. 2, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the lesser performing index gains by more than 19%, par plus that gain; if the lesser performing index finishes flat or gains by no more than 19%, par plus 19%; if the lesser performing index falls by up to 20%, par; otherwise, exposed to any losses
Initial levels:	2,689.86 for S&P, 1,623.649 for Russell
Barrier levels:	2,151.89 for S&P, 1,298.919 for Russell; 80% of initial level
Pricing date:	May 29
Settlement date:	May 31
Underwriter:	RBC Capital Markets, LLC
Fees:	2.25%
Cusip:	78013XKM9

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