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 19, 2011, for the month of September 2011. The filing serves to incorporate exhibits by reference into the Bank's shelf registration statement on Form F-3 (File No. 333-171806) regarding the issuance of Senior Global Medium-Term Notes, Series E.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This document is a procedural filing related to a specific securities issuance rather than a periodic financial report.
Material Changes and Securities Issuance
The Bank issued Reverse Convertible Notes linked to the Class B Common Stock of Berkshire Hathaway Inc. Key details of the issuance include:
- Security Name: Reverse Convertible Notes Linked to the Class B Common Stock of Berkshire Hathaway Inc.
- Date of Pricing Supplement: September 13, 2011
- Date of Settlement: September 19, 2011
- Principal Amount: $1,000,000
Guidance, Outlook, and Risks
The filing text does not provide management commentary, guidance, outlook, or specific risk factors beyond the standard legal opinions attached as exhibits. The document includes legal opinions from Norton Rose OR LLP (Canadian counsel) and Morrison & Foerster LLP (New York counsel) regarding the validity of the Notes.
Investor Verification Checklist
- Verify the terms and conditions of the Reverse Convertible Notes linked to Berkshire Hathaway Inc. Class B Common Stock.
- Confirm the settlement date of September 19, 2011, and the principal amount of $1,000,000.
- Review the incorporated Form F-3 (File No. 333-171806) for broader context on the Bank's debt issuance program.
- Note that this filing does not contain updated financial performance data for the Bank.