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 August 23, 2011, for the month of August 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 a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on the legal and structural details of a specific securities issuance.
Material Changes and Securities Issuance
The primary material event reported is the issuance of Reverse Convertible Notes linked to a single reference stock. Key details of the issuance include:
- Security Name: Reverse Convertible Notes Each Linked to a Single Reference Stock
- Principal Amount: $1,050,000
- Date of Pricing Supplement: August 16, 2011
- Date of Settlement: August 23, 2011
Guidance, Risks, and Legal Matters
The filing includes legal opinions regarding the validity of the Notes under Canadian, Ontario, and Quebec law (Exhibit 5.1) and New York law (Exhibit 5.2). No management commentary, forward-looking guidance, or specific risk factors regarding the Bank's general operations are provided in this text. The filing notes that the report is incorporated by reference into the Bank's registration statement.
Investor Verification Checklist
- Verify the specific terms and reference stock underlying the $1,050,000 Reverse Convertible Notes.
- Review the full text of the Pricing Supplement dated August 16, 2011, for detailed risk disclosures.
- Confirm the status of the Bank's shelf registration statement (File No. 333-171806).
- Check subsequent filings for any updates or superseding information regarding this issuance.