New Issue: RBC prices $2.79 million notes linked to Raymond James securities selections

Chicago, Aug. 29 – Royal Bank of Canada priced $2.79 million of 0% notes linked to Raymond James securities selections due Aug. 25, 2023, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are linked to an equally-weighted basket of 35 common equity securities selected by Raymond James & Associates, Inc.

The reference stocks are Arthur J. Gallagher & Co., American Homes 4 Rent, Atlantica Sustainable Infrastructure plc, Bloomin’ Brands, Inc., Boston Scientific Corp., CACI International Inc., CBRE Group, Inc., CubeSmart, Darling Ingredients Inc., Dollar General Corp., EOG Resources, Inc., Diamondback Energy, Inc., Fortinet, Inc., Forward Air Corp., HCA Healthcare, Inc., Instructure Holdings, Inc., Invitation Homes Inc., Jacobs Engineering Group Inc., Marathon Petroleum Corp., Motorola Solutions, Inc., Murphy USA Inc., National Fuel Gas Co., Olaplex Holdings, Inc., Palo Alto Networks, Inc., Progressive Corp., Tenet Healthcare Corp., T-Mobile US, Inc., Targa Resources Corp., Texas Roadhouse, Inc., Ulta Beauty, Inc., UnitedHealth Group Inc., Veeva Systems Inc., VICI Properties Inc., Wesco International, Inc. and Wintrust Financial Corp.

The payout at maturity will be par of $1,000 times 97.8% times the basket level percentage. Because of the participation rate, investors will receive less than par if the basket does not gain by at least 2.25%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Notes
Underlying stocks:	Arthur J. Gallagher & Co., American Homes 4 Rent, Atlantica Sustainable Infrastructure plc, Bloomin’ Brands, Inc., Boston Scientific Corp., CACI International Inc., CBRE Group, Inc., CubeSmart, Darling Ingredients Inc., Dollar General Corp., EOG Resources, Inc., Diamondback Energy, Inc., Fortinet, Inc., Forward Air Corp., HCA Healthcare, Inc., Instructure Holdings, Inc., Invitation Homes Inc., Jacobs Engineering Group Inc., Marathon Petroleum Corp., Motorola Solutions, Inc., Murphy USA Inc., National Fuel Gas Co., Olaplex Holdings, Inc., Palo Alto Networks, Inc., Progressive Corp., Tenet Healthcare Corp., T-Mobile US, Inc., Targa Resources Corp., Texas Roadhouse, Inc., Ulta Beauty, Inc., UnitedHealth Group Inc., Veeva Systems Inc., VICI Properties Inc., Wesco International, Inc. and Wintrust Financial Corp.; equally weighted
Amount:	$2,793,000
Maturity:	Aug. 25, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par times 97.8% times the basket level percentage; because of participation rate, investors will receive less than par if the basket does not gain by at least 2.25%
Initial share prices:	$190.70 for Gallagher, $37.61 for American Homes, $35.04 for Atlantica, $21.89 for Bloomin’, $42.02 for Boston, $286.42 for CACI, $84.92 for CBRE, $50.11 for CubeSmart, $74.59 for Darling, $253.86 for Dollar General, $118.75 for EOG, $130.39 for Diamondback, $51.29 for Fortinet, $107.30 for Forward Air, $215.03 for HCA, $24.29 for Instructure, $38.78 for Invitation, $135.92 for Jacobs, $100.45 for Marathon, $253.25 for Motorola, $299.48 for Murphy, $73.06 for National Fuel, $14.88 for Olaplex, $513.51 for Palo Alto, $127.48 for Progressive, $63.16 for Tenet, $146.37 for T-Mobile, $68.89 for Targa, $91.92 for Texas Roadhouse, $403.25 for Ulta, $548.32 for UnitedHealth, $219.21 for Veeva, $34.62 for VICI, $137.27 for Wesco, $89.34 for Wintrust
Pricing date:	Aug. 19, 2022
Settlement date:	Aug. 24, 2022
Agents:	RBC Capital Markets, LLC
Fees:	1.25%
Cusip:	78015QBT7

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