New Issue: RBC sells $282,000 barrier booster notes linked to S&P 500

By Marisa Wong

Los Angeles, June 8 – Royal Bank of Canada priced $282,000 of 0% barrier booster notes due June 1, 2026 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index gains by more than 35%, the payout at maturity will be par plus the gain.

If the index gains by up to 35%, the payout will be par plus 35%.

If the index finishes flat or falls by up to 30%, the payout at maturity will be par.

Otherwise, investors will be fully exposed to any losses.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier booster notes
Underlying index:	S&P 500 index
Amount:	$282,000
Maturity:	June 1, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains by more than 35%, par plus gain; if index gains by up to 35%, par plus 35%; if index finishes flat or falls by up to 30%, par; otherwise, full exposure to index decline
Initial level:	3,036.13
Barrier level:	2,125.29, 70% of initial level
Pricing date:	May 27
Settlement date:	May 29
Underwriter:	RBC Capital Markets, LLC
Fees:	3.25%
Cusip:	78015KVS0

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