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 October 14, 2011, for the month of October 2011. The filing serves to incorporate by reference information regarding 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 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 securities issuance.
| Security Type | Underlying Asset | Principal Amount | Settlement Date |
|---|---|---|---|
| Reverse Convertible Notes | Common Stock of Halliburton Company | $1,182,000 | October 14, 2011 |
Material Changes
The filing does not report material changes to the Bank's overall financial condition or operations compared to prior periods. It documents a discrete capital market transaction involving the issuance of structured notes.
Outlook, Risks, and Unusual Items
The filing includes legal opinions from Norton Rose OR LLP (Canadian counsel) and Morrison & Foerster LLP (New York counsel) regarding the validity of the Notes. The issuance of Reverse Convertible Notes linked to Halliburton Company represents a structured product transaction rather than a standard debt offering, implying specific market risks associated with the underlying equity.
Key Facts for Investor Verification
- The Bank issued $1,182,000 in Reverse Convertible Notes linked to Halliburton Company stock.
- The transaction settled on October 14, 2011.
- The filing incorporates by reference into the Bank's Form F-3 registration statement.
- No consolidated financial results or operational updates are included in this specific report.