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 5, 2011, for the month of August 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.
| Security Type | Principal Amount | Pricing Date | Settlement Date |
|---|---|---|---|
| Reverse Convertible Notes Linked to a Single Reference Stock | $2,010,000 | August 3, 2011 | August 5, 2011 |
Material Changes
The filing does not report material changes to the Bank's financial condition or operations compared to prior periods. It documents a discrete capital market transaction involving the issuance of structured notes.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of general business risks. The primary legal contingencies addressed are the validity of the Notes under New York law and compliance with Canadian, Ontario, and Quebec law, as evidenced by the attached legal opinions (Exhibits 5.1 and 5.2).
Key Facts for Investor Verification
- The Bank issued $2,010,000 in Reverse Convertible Notes linked to a single reference stock.
- The Notes were priced on August 3, 2011, and settled on August 5, 2011.
- The issuance was conducted under the Bank's existing shelf registration statement (File No. 333-171806).
- Legal opinions regarding the validity of the Notes were provided by Norton Rose OR LLP (Canadian counsel) and Morrison & Foerster LLP (New York counsel).