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RBC (RBMCF) launches Boeing‑linked auto‑call notes with high quarterly coupon
Royal Bank of Canada is offering $1,009,000 in Auto-Callable Contingent Coupon Barrier Notes linked to The Boeing Company’s stock. These notes offer a high quarterly contingent coupon of $29.50 per $1,000 and can be automatically called if Boeing’s stock reaches a specific level. However, they carry significant downside risk, including potential principal loss if Boeing’s stock falls below a certain barrier, and investors do not participate in any appreciation of the underlying stock.