New Issue: RBC sells $1.37 million buffer gears tied to basket of 29 stocks

By Marisa Wong

Morgantown, W.Va., Nov. 30 – Royal Bank of Canada priced $1.37 million of 0% buffer gears due Nov. 30, 2022 linked to an equally basket of 29 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket stocks are Apple Inc., American Express Co., Boeing Co., Caterpillar Inc., Cisco Systems, Inc., Chevron Corp., Walt Disney Co., DowDuPont Inc., General Electric Co., Goldman Sachs Group, Inc., Home Depot, Inc., International Business Machines Corp., Intel Corp., Johnson & Johnson, JPMorgan Chase & Co., Coca-Cola Co., McDonald’s Corp., 3M Co., Merck & Co., Inc., Microsoft Corp., NIKE, Inc., Pfizer, Inc., Procter & Gamble Co., Travelers Cos., Inc., UnitedHealth Group Inc., United Technologies Corp., Verizon Communications Inc., Wal-Mart Stores, Inc. and Exxon Mobil Corp.

The payout at maturity will be par of $10 plus 1.04 times any basket gain.

Investors will receive par if the basket falls by up to 20% and lose 1% for each 1% decline beyond 20%.

RBC Capital Markets, LLC and UBS Financial Services Inc. are the agents.

Issuer:	Royal Bank of Canada
Issue:	Buffer gears
Underlying basket:	Apple Inc. (Symbol: AAPL), American Express Co. (Symbol: AXP), Boeing Co. (Symbol: BA), Caterpillar Inc. (Symbol: CAT), Cisco Systems, Inc. (Symbol: CSCO), Chevron Corp. (Symbol: CVX), Walt Disney Co. (Symbol: DIS), DowDuPont Inc. (Symbol: DWDP), General Electric Co. (Symbol: GE), Goldman Sachs Group, Inc. (Symbol: GS), Home Depot, Inc. (Symbol: HD), International Business Machines Corp. (Symbol: IBM), Intel Corp. (Symbol: INTC), Johnson & Johnson (Symbol: JNJ), JPMorgan Chase & Co. (Symbol: JPM), Coca-Cola Co. (Symbol: KO), McDonald’s Corp. (Symbol: MCD), 3M Co. (Symbol: MMM), Merck & Co., Inc. (Symbol: MRK), Microsoft Corp. (Symbol: MSFT), NIKE, Inc. (Symbol: NKE), Pfizer, Inc. (Symbol: PFE), Procter & Gamble Co. (Symbol: PG), Travelers Cos., Inc. (Symbol: TRV), UnitedHealth Group Inc. (Symbol: UNH), United Technologies Corp. (Symbol: UTX), Verizon Communications Inc. (Symbol: VZ), Wal-Mart Stores, Inc. (Symbol: WMT), Exxon Mobil Corp. (Symbol: XOM); equally weighted
Amount:	$1,371,900
Maturity:	Nov. 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.04 times any basket gain; par if basket falls by up to 20% and exposure to any losses beyond 20%
Pricing date:	Nov. 17
Settlement date:	Nov. 22
Agents:	RBC Capital Markets, LLC and UBS Financial Services Inc.
Fees:	None
Cusip:	78013F677

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