| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
RBC plans digital index-linked notes linked to Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., Jan. 14 – Royal Bank of Canada plans to price 0% digital index-linked notes in 25 to 28 months linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index closes at or above 85% of its initial level, the payout at maturity will be the threshold settlement amount of $1,131.80 to $1,154.60 per $1,000 of notes.
Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15% of its initial level.
RBC Capital Markets, LLC is the agent.
The Cusip number is 78015KNS9.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.