New Issue: RBC prices $881,000 autocallable notes linked to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Oct. 1 – Royal Bank of Canada priced $881,000 of 0% autocallable notes due Sept. 30, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a 7.65% annualized call premium if the index closes at or above its initial level on any annual call valuation date. If the notes are not called, investors will lose 1% for every 1% that the final index level is less than the initial index level.

RBC Capital Markets, LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Autocallable index-linked notes
Underlying index:	Russell 2000
Amount:	$881,000
Maturity:	Sept. 30, 2021
Coupon:	0%
Price:	Par
Call:	Automatically at par plus a 7.65% annualized call premium if index closes at or above its initial level on any yearly call valuation date
Payout at maturity:	If notes are not called, 1% loss for every 1% that final index level is less than initial index level
Initial index level:	1,691.608
Pricing date:	Sept. 26
Settlement date:	Sept. 28
Underwriter:	RBC Capital Markets, LLC
Fees:	2.25%
Cusip:	78013XG44

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