I don't think .Rtf (Rich Text Format) data is equivalent to .Pdf (Portable document format).
It appears you are using the DevExpress RichEditControl which doesn't appear to support saving PDF files directly, see the documentation for available document formats.
I'd recommend either saving the RTF data with the .Rtf extension and use an RTF to PDF document converter after writing, or using a Pdf document writer library like PDFsharp.
To convert a .Rtf file to .Pdf you could either automate Microsoft Word (if you can assume it will be on the target machine) or use a standalone .Net library, e.g.
- WordGlue (commercial)
- PDF-Metamorphosis (commercial)
- ExpertPDF (commercial)
- etc.