Published on 1/16/2013 in the Prospect News Structured Products Daily.
New Issue: RBC prices $7.65 million one-year equity index-linked notes on Topix
By Susanna Moon
Chicago, Jan. 16 - Royal Bank of Canada priced $7.65 million of 0% equity index-linked notes due July 16, 2014 tied to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
Investors will be exposed to any losses.
Goldman, Sachs & Co. is the agent.
Issuer: | Royal Bank of Canada
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Issue: | Equity index-linked notes
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Underlying index: | Topix
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Amount: | $7,649,000
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Maturity: | July 16, 2014
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Coupon: | 0%
|
Price: | Par
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Payout at maturity: | Par plus any index gain; exposure to losses
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Initial index level: | 898.69
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Pricing date: | Jan. 11
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Settlement date: | Jan. 18
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Agent: | Goldman, Sachs & Co.
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Fees: | 1.25%
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Cusip: | 78011D823
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