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RBC (RBMCF) $1,000 Auto‑Callable Notes Linked to ConocoPhillips, April 2027
Royal Bank of Canada has offered contingent income auto-callable senior notes linked to ConocoPhillips common stock, with a stated principal amount of $1,000 and an aggregate principal amount of $389,000. These notes offer contingent quarterly payments of $25.50 (10.20% per annum) but carry principal at risk, as investors could lose their entire investment if the final underlier value falls below the downside threshold. The securities may be automatically redeemed early if the underlier meets a specific redemption threshold, and their initial estimated value is lower than the public offering price.