New Issue: RBC prices $6 million autocallable notes linked to Russell 2000, MSCI EAFE

By Susanna Moon

Chicago, March 24 - Royal Bank of Canada priced $6 million of 0% autocallable notes due Sept. 24, 2015 linked to the lesser performing of the MSCI EAFE index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized premium of 9.7% if each index closes at or above its initial level on a quarterly call date.

The payout at maturity will be par unless either index finishes below the 80% barrier level, in which case investors will lose 1.25% per 1% decline of the lesser performing index.

RBC Capital Markets LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Autocallable notes
Underlying indexes:	Russell 2000, MSCI EAFE
Amount:	$6 million
Maturity:	Sept. 24, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par if lesser performing index finishes at or above barrier level; otherwise, 1.25% loss per 1% drop beyond 20%
Call:	Par plus 9.7% annualized if both indexes close at or above their initial levels on any quarterly call date
Initial levels:	1,198.97 for Russell, 1,864.01 for MSCI EAFE
Barrier levels:	80% of initial levels
Pricing date:	March 20
Settlement date:	March 25
Agent:	RBC Capital Markets LLC
Fees:	0.1%
Cusip:	78010UUA3

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