New Issue: RBC sells $17.5 million Capped Leveraged Index Return Notes on Stoxx Europe 600

By Wendy Van Sickle

Columbus, Ohio, Aug. 3 – Royal Bank of Canada priced $17.5 million of 0% Capped Leveraged Index Return Notes due July 28, 2023 linked to the Stoxx Europe 600 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 2 times any index gain, up to a payout of par plus 30.5%.

Otherwise, investors will lose 1% for every 1% decline.

BofA Securities, Inc. is the agent.

Issuer:	Royal Bank of Canada
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Stoxx Europe 600 index
Amount:	$17,504,880
Maturity:	July 28, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 2 times any index gain, capped at par plus 30.5%; 1% loss for every 1% index decline
Initial level:	463.84
Pricing date:	July 29
Settlement date:	Aug. 5
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	78014T254

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