RBC to price one-year levered market plus notes linked to Amazon.com

By Marisa Wong

Morgantown, W.Va., Oct. 5 – Royal Bank of Canada plans to price 0% levered market plus notes due Oct. 24, 2018 linked to the common stock of Amazon.com, Inc., according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 3 times any share price gain.

Investors will be fully exposed to any share price decline.

RBC Capital Markets, LLC is the underwriter with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents.

The notes will price Oct. 6.

The Cusip number is 78013GJN6.

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