New Issue: RBC prices $2.38 million capped gears linked to basket of 25 stocks

By Marisa Wong

Morgantown, W.Va., Feb. 4 – Royal Bank of Canada priced $2.38 million of 0% capped gears due March 4, 2020 linked to an equally weighted basket of 25 selected equity securities, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the common stocks of Albemarle Corp., Alliance Data Systems Corp., Ameriprise Financial, Inc., Bed Bath & Beyond Inc., Conagra Brands, Inc., Dana Inc., First Horizon National Corp., Floor & Decor Holdings, Inc., Gardner Denver Holdings, Inc., General Mills, Inc., Hanesbrands Inc., Keurig Dr Pepper Inc., Kraft Heinz Co., L Brands, Inc., Lincoln National Corp., Macerich Co., McDermott International, Inc., Olin Corp., Principal Financial Group, Inc., Schneider National, Inc., State Street Corp., Synchrony Financial, Tenneco Inc., Terex Corp. and Transocean Ltd.

The payout at maturity will be par of $10 plus double any basket gain, up to a maximum return of 21%.

Investors will be exposed to any losses.

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

Issuer:	Royal Bank of Canada
Issue:	Capped gears
Underlying stocks:	Albemarle Corp. (Symbol: ALB), Alliance Data Systems Corp. (Symbol: ADS), Ameriprise Financial, Inc. (Symbol: AMP), Bed Bath & Beyond Inc. (Symbol: BBBY), Conagra Brands, Inc. (Symbol: CAG), Dana Inc. (Symbol: DAN), First Horizon National Corp. (Symbol: FHN), Floor & Decor Holdings, Inc. (Symbol: FND), Gardner Denver Holdings, Inc. (Symbol: GDI), General Mills, Inc. (Symbol: GIS), Hanesbrands Inc. (Symbol: HBI), Keurig Dr Pepper Inc. (Symbol: KDP), Kraft Heinz Co. (Symbol: KHC), L Brands, Inc. (Symbol: LB), Lincoln National Corp. (Symbol: LNC), Macerich Co. (Symbol: MAC), McDermott International, Inc. (Symbol: MDR), Olin Corp. (Symbol: OLN), Principal Financial Group, Inc. (Symbol: PFG), Schneider National, Inc. (Symbol: SNDR), State Street Corp. (Symbol: STT), Synchrony Financial (Symbol: SYF), Tenneco Inc. (Symbol: TEN), Terex Corp. (Symbol: TEX) and Transocean Ltd. (Symbol: RIG); equally weighted
Amount:	$2,375,100
Maturity:	March 4, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any basket gain, capped at par plus 21%; 1% loss per 1% decline
Initial share prices:	$78.32 for Albemarle, $177.81 for Alliance, $121.38 for Ameriprise, $14.70 for Bed Bath, $21.39 for Conagra, $17.57 for Dana, $14.67 for First Horizon, $33.00 for Floor, $24.44 for Gardner, $43.58 for General Mills, $15.23 for Hanesbrands, $26.47 for Keurig, $46.88 for Kraft, $27.72 for L, $58.11 for Lincoln, $46.34 for Macerich, $8.79 for McDermott, $23.90 for Olin, $49.62 for Principal, $21.51 for Schneider, $70.63 for State Street, $29.65for Synchrony, $34.40 for Tenneco, $29.44 for Terex, $8.44 for Transocean
Pricing date:	Jan. 29
Settlement date:	Jan. 31
Underwriters:	RBC Capital Markets, LLC and UBS Financial Services Inc.
Fees:	2%
Cusip:	78014H201

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