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 April 25, 2011, for the month of April 2011. The filing serves to report 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 Issuance Details
The primary material event reported is the issuance of $25,197,170 in Strategic Accelerated Redemption Securities linked to the S&P 500 Index. These securities are due on May 1, 2012. The filing incorporates legal opinions regarding the validity of these notes under New York law and Canadian, Ontario, and Quebec law.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, future guidance, outlook, or specific risk factors beyond the standard legal opinions attached as exhibits. No unusual items or contingencies are described in the provided text.
Key Facts for Investor Verification
- Issuance amount: $25,197,170.
- Security type: Strategic Accelerated Redemption Securities linked to the S&P 500 Index.
- Maturity date: May 1, 2012.
- Legal counsel opinions provided by Sullivan & Cromwell LLP (U.S.) and Ogilvy Renault LLP (Canada).
- The filing incorporates by reference into the Bank's Form F-3 registration statement.