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 August 9, 2011, for the month of August 2011. The filing serves to incorporate by reference exhibits related to a specific securities issuance under 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. This document is a procedural filing regarding a specific security issuance rather than a periodic financial report.
Material Changes and Issuance Details
The Bank issued Senior Global Medium-Term Notes, Series E, specifically Reverse Convertible Notes linked to the Common Stock of Intel Corporation. The details of this issuance are as follows:
- Security Name: Reverse Convertible Notes Linked to the Common Stock of Intel Corporation
- Date of Pricing Supplement: August 4, 2011
- Date of Settlement: August 9, 2011
- Principal Amount: $600,000
Guidance, Risks, and Legal Opinions
The filing includes legal opinions regarding the validity of the Notes:
- Exhibit 5.1: Opinion of Norton Rose OR LLP (Canadian counsel) on matters under Canadian, Ontario, and Quebec law.
- Exhibit 5.2: Opinion of Morrison & Foerster LLP on the validity of the Notes under New York law.
The filing text does not provide management commentary, future guidance, or specific risk factors beyond the standard legal opinions attached to the issuance.
Investor Verification Checklist
- Verify the terms and risk profile of the Reverse Convertible Notes linked to Intel Corporation.
- Confirm the settlement date of August 9, 2011, and the principal amount of $600,000.
- 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.