New Issue: RBC prices $736,000 barrier booster notes linked to the Dow, Russell

By Susanna Moon

Chicago, July 31 – Royal Bank of Canada priced $736,000 of 0% barrier booster notes due July 31, 2024 linked to the worse performing of the Dow Jones industrial average and the Russell 2000 index, 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 56.8%.

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:	Dow Jones industrial average, Russell 2000 index
Amount:	$736,000
Maturity:	July 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains by, par plus 56.8%; if either index falls by up to 30%, par; otherwise, 1% loss per 1% decline of worse performing index
Initial levels:	25,527.07 for Dow, 1,695.36 for Russell
Barrier levels:	17,868.95 for Dow, 1,186.752 for Russell, 70% of initial levels
Pricing date:	July 26
Settlement date:	July 31
Underwriter:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78013XPC6

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