RBC plans to price trigger PLUS linked to WisdomTree India Earnings

By Marisa Wong

Madison, Wis., April 17 – Royal Bank of Canada plans to price 0% trigger Performance Leveraged Upside Securities due May 3, 2018 linked to the WisdomTree India Earnings fund, according to an FWP filing with the Securities and Exchange Commission.

If the fund finishes above the initial level, the payout at maturity will be par of $10 plus double the gain, up to a maximum return of 40%.

If the shares fall by up to the 85% trigger price, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

RBC Capital Markets, LLC is the agent. Morgan Stanley Wealth Management will handle distribution.

The notes are expected to price on April 30 and settle on May 5.

The Cusip number is 780082822.

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