New Issue: RBC prices $1.14 million barrier booster notes linked to Russell, Dow

By Wendy Van Sickle

Columbus, Ohio, July 10 – Royal Bank of Canada priced $1.14 million of 0% barrier booster notes due July 1, 2025 linked to the worse performing of the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 74%.

If either index falls by up to 30%, the payout will be par.

Otherwise, investors will be exposed to any losses of the worse performing index.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier booster notes
Underlying indexes:	Russell 2000, Dow Jones industrial average
Amount:	$1.14 million
Maturity:	July 1, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains by, par plus 74%; if either index falls by up to 30%, par; otherwise, 1% loss per 1% decline of worse performing index
Initial levels:	1,668.527 for Russell, 24,283.11 for Dow
Barrier levels:	1,167.969 for Russell, 16,998.18 for Dow, 70% of initial levels
Pricing date:	June 26
Settlement date:	June 29
Underwriter:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78013XNH7

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