New Issue: RBC prices $2.71 million notes linked to basket of three indexes

By Wendy Van Sickle

Columbus, Ohio, March 7 – Royal Bank of Canada priced $2.71 million of 0% notes due March 1, 2029 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index, the Euro Stoxx 50 index and the Nikkei 225 index. The index with the best performance will be given a 60% weight, and 30% and 10% weights will be assigned to the second and third best performing index respectively.

If the basket finishes at or above its initial level, the payout at maturity will be par plus the basket return up to 52%.

Otherwise, investors will receive par.

RBC Capital Markets LLC is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Notes
Underlying basket:	S&P 500 index, the Euro Stoxx 50 index and the Nikkei 225 index; 60%, 30% and 10% weights will be assigned to the first, second and third best performing indexes respectively
Amount:	$2,705,000
Maturity:	March 1, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain up to 52%; otherwise, par
Initial levels:	5,069.53 for S&P, 4,864.29 for Stoxx, 39,233.71 for Nikkei
Pricing date:	Feb. 26
Settlement date:	Feb. 29
Agent:	RBC Capital Markets, LLC
Fees:	3.5%
Cusip:	78017FEX7

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