New Issue: RBC prices $6.25 million one-year PLUS linked to S&P 500 index

By Toni Weeks

San Diego, Oct. 2 - Royal Bank of Canada priced $6.25 million of 0% Performance Leveraged Upside Securities due Oct. 7, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index, up to a maximum payment of $11.35 per $10 principal amount.

Investors will be fully exposed to any losses.

RBC Capital Markets, LLC is the agent with Morgan Stanley Smith Barney LLC as distributor.

Issuer:	Royal Bank of Canada
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$6,253,000
Maturity date:	Oct. 7, 2013
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any gain in index, up to a maximum payout of $11.35 per $10 note; full exposure to declines in the index
Initial level:	1,440.67
Pricing date:	Sept. 28
Settlement date:	Oct. 3
Agent:	RBC Capital Markets, LLC with Morgan Stanley Smith Barney LLC as distributor
Fees:	2%, used for selling concessions
Cusip:	78008W347

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