New Issue: RBC sells $2.16 million of leveraged buffered notes tied to MSCI EAFE

New York, May 11 – Royal Bank of Canada priced $2.16 million of 0% leveraged buffered notes due Oct. 12, 2018 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of $1,161.10 per $1,000 of notes.

Investors will receive par if the index falls by 10% or less and will lose 1.1111% for every 1% decline in the index beyond 10%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Leveraged buffered notes
Underlying index:	MSCI EAFE
Amount:	$2,157,000
Maturity:	Oct. 12, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of gain, capped at $1,161.10 per $1,000 of notes; par if index falls by up to 10%; 1.1111% loss for every 1% decline in index beyond 10%
Initial index level:	1,860.67
Pricing date:	May 9
Settlement date:	May 16
Agents:	RBC Capital Markets, LLC
Fees:	0%
Cusip:	78012KQ42

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