Royal Bank of Canada (RY) sells MSCI EAFE notes — 15% buffer, 160% participation

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Royal Bank of Canada (RY) is offering principal-protected-conditional notes linked to the MSCI EAFE Index with a $1,000 denomination. These notes have a 15% downside buffer and offer a 160% upside participation rate, capped at an expected maximum settlement between $1,285.92 and $1,336.32 per $1,000. Investors risk losing their entire principal if the final index level falls below the 85% buffer.

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