New Issue: RBC prices $1 million bullish enhanced return notes tied to S&P 500

By Jennifer Chiou

New York, Aug. 29 – Royal Bank of Canada priced $1 million of 0% bullish enhanced return notes due Aug. 31, 2017 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 150% of any index gain.

Investors will share in any losses.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Bullish enhanced return notes
Underlying index:	S&P 500
Amount:	$1 million
Maturity:	Aug. 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain; exposure to losses
Initial index level:	2,000.12
Pricing date:	Aug. 27
Settlement date:	Sept. 2
Agent:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78010UU96

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