New Issue: RBC sells $1.13 million barrier digital plus notes on Euro Stoxx

By William Gullotti

Buffalo, N.Y., June 29 – Royal Bank of Canada priced $1.13 million of 0% barrier digital plus securities due June 26, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the barrier level, 80% of the initial index level, the payout at maturity will be the greater of par plus the index return or par plus the 22% digital return. Otherwise, investors will lose 1% for each 1% decline from the initial level.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Barrier digital plus securities
Underlying index:	Euro Stoxx 50
Amount:	$1,134,000
Maturity:	June 26, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to barrier level, par plus the greater of the index return or the 22% digital return; otherwise, 1% loss for each 1% decline from initial level
Initial level:	4,075.94
Barrier level:	3,260.75; 80% of initial level
Pricing date:	June 23
Settlement date:	June 28
Underwriter:	RBC Capital Markets, LLC
Fees:	4.15%
Cusip:	78016E5U7

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