New Issue: RBC prices $1.16 million of return notes linked to index basket

Chicago, July 28 – Royal Bank of Canada priced $1.16 million of 0% return notes due July 26, 2028 linked to an index basket, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index. The best performer will have a 90% weight, the second-best performer will have a 10% weight and the lowest performer will have a 0% weight.

The payout at maturity will be par plus the basket percentage change, whether positive or negative.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Return notes
Underlying basket:	Russell 2000 index, S&P 500 index and Euro Stoxx 50 index; best performer 90% weight; second-best performer 10% weight; lowest performer 0% weight
Amount:	$1,155,000
Maturity:	July 26, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus basket return
Initial levels:	1,960.255 for Russell, 4,536.34 for S&P and 4,391.41 for Stoxx
Pricing date:	July 21
Settlement date:	July 26
Agent:	RBC Capital Markets, LLC
Fees:	0.25%
Cusip:	78016NNX1

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