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 September 11, 2013. The filing serves as a report of a foreign private issuer pursuant to Rule 13a-16 of the Securities Exchange Act of 1934. The document is incorporated by reference into the Bank's registration statement on Form F-3 (File No. 333-189888).
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, or existing debt levels. The document focuses exclusively on the issuance of new debt instruments rather than reporting periodic financial performance.
Material Changes and Debt Issuance
The primary material event reported is the issuance of Senior Global Medium-Term Notes, Series F. The Bank issued the following notes on the date of this report:
- $800,000,000 aggregate principal amount of 1.450% Senior Notes, due September 9, 2016.
- $1,200,000,000 aggregate principal amount of Senior Floating Rate Notes, due September 9, 2016.
Total new debt issued in this transaction amounts to $2,000,000,000.
Guidance, Outlook, and Legal Matters
The filing contains no management commentary, guidance, or outlook regarding future financial performance. The document includes legal opinions regarding the validity of the Notes under New York law (Sullivan & Cromwell LLP) and Canadian, Ontario, and Quebec law (Norton Rose Fulbright Canada LLP), as well as opinions on United States federal income taxation.
Investor Verification Checklist
- Verify the total aggregate principal amount of $2 billion issued in Senior Global Medium-Term Notes.
- Confirm the maturity date of September 9, 2016, for both the fixed-rate and floating-rate tranches.
- Review the specific interest rate terms: 1.450% for the fixed tranche and floating rate for the second tranche.
- Check the Bank's Form F-3 (File No. 333-189888) for the full prospectus and use of proceeds details.