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 22, 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 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 Bank issued Reverse Convertible Notes linked to the Common Stock of Berry Petroleum Company. Key details of the issuance include:
- Security Name: Reverse Convertible Notes Linked to the Common Stock of Berry Petroleum Company
- Date of Pricing Supplement: November 17, 2011
- Date of Settlement: November 22, 2011
- Principal Amount: $1,000,000
Guidance, Outlook, and Legal Matters
The filing includes legal opinions regarding the validity of the Notes:
- Exhibit 5.1: Opinion of Norton Rose OR LLP (Canadian counsel) regarding matters under Canadian, Ontario, and Quebec law.
- Exhibit 5.2: Opinion of Morrison & Foerster LLP regarding the validity of the Notes under New York law.
The filing text does not provide management commentary, future guidance, risk factors, or contingencies beyond the standard legal opinions for the note issuance.
Investor Verification Checklist
- Verify the terms and risk profile of the Reverse Convertible Notes linked to Berry Petroleum Company.
- Confirm the settlement date of November 22, 2011, and the principal amount of $1,000,000.
- Review the full text of the legal opinions (Exhibits 5.1 and 5.2) for specific conditions under Canadian and New York law.
- Note that this filing does not contain updated financial performance data for the Bank.