Overview
Underlying Asset
| SPDR S&P REGIONAL BANKING ETF (KRE) |
| VANECK SEMICONDUCTOR ETF (SMH) |
Summary Details
| Initial Price of Note | 100.00 % of par |
| Secondary Market Price as of 25-Feb-26 | Called 103.90 % of par* |
| Trade Date | 25-Nov-25 |
| Issue Date | 02-Dec-25 |
| Valuation Date | 27-Nov-28 |
| Maturity Date | 30-Nov-28 |
| Term | 3 years |
| Denomination | USD |
| CUSIP | 78017PR86 |
| Classification | Growth |
| Structure | Return |
| Protection Type | Barrier |
| Barrier Level | 75 % of the initial level |
| Coupon Barrier | 75 % of the initial level |
| Coupon (per annum) | 18.00 % |
| Downside Leverage Factor | 1:1 |
| Coupon Observation Frequency | Quarterly |
* The secondary market prices shown are represented as a percentage of principal amount, based on a $1000 investment and are indicative only. The secondary market prices do not necessarily reflect a price at which a holder may be able to actually sell their note. For RBC Wealth Management advisors, please call 612-371-7707. For all other clients, please call 1-877-688-2301 or email rbcnotes@rbccm.com.
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
Historical Indicative Secondary Market Prices
Benchmarks
Historical Secondary Market Pricing *
| Day Over Day Price Change | 0.00 | |
| 52 Week High | 103.90 (25-Feb-26) | |
| 52 Week Low | 98.46 (17-Dec-25) | |
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
Performance of Underlying Assets
| Underlying Asset | Ticker | Weight |
Initial Level as of 25-Nov-25 |
Current Index Level as of 01-Apr-26 |
Barrier |
Barrier Level |
Weighted Component Change |
|---|---|---|---|---|---|---|---|
| SPDR S&P REGIONAL BANKING ETF | KRE | - |
63.41 |
65.85 |
75.00% |
47.56 |
0.00% |
| VANECK SEMICONDUCTOR ETF | SMH | - |
340.01 |
391.97 |
75.00% |
255.01 |
0.00% |
| Current Performance of the Underlying Assets | 0.00% |
||||||
| Final Payment at Maturity | 103.90 | ||||||
* For informational purposes only. Barrier will only be applied on relevant observation dates and at maturity.
* For informational purposes only. Whether a Booster will be paid will depend only on the level of the Underlying Asset at maturity.
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
* For informational purposes only. Whether a Booster will be paid will depend only on the level of the Underlying Asset at maturity.
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
Call/Coupon Observations
| Observation Date | Payment Date | Coupon Barrier Level | Payment Amount (%) | Autocall Redemption Level |
|---|---|---|---|---|
| 25-Feb-26 | 02-Mar-26 | 75% | 4.50 Autocalled | 100% |
| 26-May-26 | 29-May-26 | 75% | - | |
| 25-Aug-26 | 28-Aug-26 | 75% | - | |
| 25-Nov-26 | 01-Dec-26 | 75% | - | |
| 25-Feb-27 | 02-Mar-27 | 75% | - | |
| 25-May-27 | 28-May-27 | 75% | - | |
| 25-Aug-27 | 30-Aug-27 | 75% | - | |
| 26-Nov-27 | 01-Dec-27 | 75% | - | |
| 25-Feb-28 | 01-Mar-28 | 75% | - | |
| 25-May-28 | 31-May-28 | 75% | - | |
| 25-Aug-28 | 30-Aug-28 | 75% | - | |
| 27-Nov-28 | 30-Nov-28 | 75% | - |
| Total Distributions to Date | 4.50 |
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
Documents
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes