Royal Bank of Canada Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed by Royal Bank of Canada on November 9, 2011, for the month of November 2011. The filing serves to incorporate by reference exhibits related to the issuance of Senior Global Medium-Term Notes, Series E, pursuant to the Bank's shelf registration statement on Form F-3 (File No. 333-171806).
Key Financial Metrics
The filing text does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, or liquidity ratios. The document focuses exclusively on the terms of a specific debt issuance.
| Security Name | Principal Amount | Settlement Date |
|---|---|---|
| Airbag Yield Optimization Notes | $19,658,000 | November 9, 2011 |
| Trigger Phoenix Autocallable Optimization Securities | $13,683,410 | November 9, 2011 |
Material Changes
The filing does not report material changes to the Bank's financial condition or operations compared to prior periods. It documents the execution of new structured note issuances.
Outlook, Risks, and Contingencies
The filing includes legal opinions regarding the validity of the Notes under Canadian, Ontario, Quebec, and New York law. The securities issued are structured products linked to single common equity securities, implying market risk exposure for investors in these specific notes, though no general corporate risk factors are detailed in this specific text.
Key Facts for Investor Verification
- Verify the total principal amount of the new debt issuance ($33,341,410 combined).
- Confirm the settlement date of November 9, 2011, for both note series.
- Review the underlying "single common equity security" linked to these structured notes to assess specific market risks.
- Check the referenced Form F-3 (File No. 333-171806) for broader terms and conditions of the shelf registration.