Overview
The Notes will pay a monthly coupon at an annual rate of 12.00%.
For each $1,000 in principal amount of the Notes, the investor will receive $1,000 plus any accrued and unpaid interest at maturity unless the Final Stock Price is less than the Barrier Price.
If the Final Stock Price is less than the Barrier Price, then the investor will receive at maturity, for each $1,000 in principal amount, a cash payment equal to: $1,000 + ($1,000 x Reference Stock Return)
Underlying Asset
| TESLA INC (TSLA) |
Summary Details
| Initial Price of Note | 100.00 % of par |
| Secondary Market Price as of 25-Jan-23 | 49.36 % of par* |
| Trade Date | 25-Jan-21 |
| Issue Date | 28-Jan-21 |
| Valuation Date | 25-Jan-23 |
| Maturity Date | Matured 30-Jan-23 |
| Term | 2 years |
| Denomination | USD |
| CUSIP | 78016E2B2 |
| Classification | Income |
| Product Type | Non-Principal Return Notes |
| Structure | Reverse Convertible |
| Protection Type | Barrier |
| Barrier Level | 50 % of the initial level |
| Coupon (per annum) | 12.00 % |
| Coupon Observation Frequency | Monthly |
| Settlement | Cash |
* 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 | -17.66 | |
| 52 Week High | 101.18 (19-Apr-22) | |
| 52 Week Low | 38.86 (03-Jan-23) | |
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 | Initial Level as of 25-Jan-21 |
Current Level as of 25-Jan-23 |
Barrier |
Barrier Level |
Percentage Change |
Barrier Breach |
|---|---|---|---|---|---|---|---|
| TESLA INC | TSLA | 293.60 |
144.43 |
50.00% |
146.80 |
-50.81% |
Yes |
| Current Performance of the Underlying Asset | -50.81% |
||||||
| Final Payment at Maturity | 49.36 | ||||||
Corporate Actions
Effective August 25, 2022: Tesla Inc. underwent a 3 for 1 stock split.
* 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
Distribution Details
| Payment Date | Payment Amount (%) |
|---|---|
| 02-Mar-21 | 1.00 |
| 30-Mar-21 | 1.00 |
| 29-Apr-21 | 1.00 |
| 28-May-21 | 1.00 |
| 30-Jun-21 | 1.00 |
| 29-Jul-21 | 1.00 |
| 30-Aug-21 | 1.00 |
| 30-Sep-21 | 1.00 |
| 28-Oct-21 | 1.00 |
| 01-Dec-21 | 1.00 |
| 30-Dec-21 | 1.00 |
| 28-Jan-22 | 1.00 |
| 02-Mar-22 | 1.00 |
| 30-Mar-22 | 1.00 |
| 28-Apr-22 | 1.00 |
| 31-May-22 | 1.00 |
| 30-Jun-22 | 1.00 |
| 28-Jul-22 | 1.00 |
| 30-Aug-22 | 1.00 |
| 29-Sep-22 | 1.00 |
| 28-Oct-22 | 1.00 |
| 30-Nov-22 | 1.00 |
| 30-Dec-22 | 1.00 |
| 30-Jan-23 | 1.00 |
| Total Distributions to Date | 24.00 |
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