Royal Bank of Canada Form 6-K Summary
Business Context and Reporting Period
This Form 6-K is a report of a foreign private issuer filed by Royal Bank of Canada 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 terms of a specific securities issuance rather than general financial performance.
Material Changes and Securities Issuance
The Bank issued "Phoenix Autocallable Optimization Securities Linked to the iShares Russell 2000 Index Fund" with the following terms:
- Principal Amount: $8,216,000
- Date of Pricing Supplement: November 9, 2011
- Date of Settlement: November 15, 2011
- Maturity Date: November 17, 2014
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 discussion of general business risks is provided in this specific filing text.
Investor Verification Checklist
- Verify the specific terms and risk profile of the "Phoenix Autocallable Optimization Securities" linked to the iShares Russell 2000 Index Fund.
- Confirm the settlement date of November 15, 2011, and the maturity date of November 17, 2014.
- Review the full text of the Pricing Supplement dated November 9, 2011, for details on the autocallable features and potential redemption scenarios.
- Check the Bank's Form 20-F or Form 40-F for comprehensive financial statements, as this Form 6-K does not contain them.