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 January 11, 2012, for the month of January 2012. The filing serves to report the issuance of specific 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 overall debt levels. The document focuses exclusively on the terms of a specific debt issuance.
| Security Name | Principal Amount | Settlement Date |
|---|---|---|
| Airbag Yield Optimization Notes (Linked to Single Common Stock) | $17,705,000 | January 11, 2012 |
| Reverse Convertible Notes (Linked to Apple Inc. Common Stock) | $695,000 | January 11, 2012 |
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 Contingencies
The filing incorporates by reference the Bank's registration statement on Form F-3. It includes legal opinions from Norton Rose Canada LLP regarding Canadian, Ontario, and Quebec law, and Morrison & Foerster LLP regarding New York law, validating the Notes. No specific management commentary, forward-looking guidance, or unusual items are detailed within this specific Form 6-K text.
Key Facts for Investor Verification
- Verify the total principal amount of $18.4 million issued across two structured note series.
- Confirm the settlement date of January 11, 2012, for both the Airbag Yield Optimization Notes and the Reverse Convertible Notes.
- Review the underlying assets for the notes: a single common stock (unspecified in this text) and Apple Inc. common stock.
- Check the referenced Form F-3 (File No. 333-171806) for broader terms and risk factors associated with these structured products.