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 November 3, 2011, 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 issuance of specific securities rather than reporting general financial performance.
Material Changes and Issuance Details
The Bank issued Reverse Convertible Notes linked to the Common Stock of Alcoa Inc. The specific details of this issuance are as follows:
- Security Name: Reverse Convertible Notes Linked to the Common Stock of Alcoa Inc.
- Date of Pricing Supplement: October 31, 2011
- Date of Settlement: November 3, 2011
- Principal Amount: $840,000
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 under New York law (Exhibit 5.2). No management commentary, forward-looking guidance, or specific risk factors regarding the Bank's overall operations are provided in this text.
Investor Verification Checklist
- Verify the terms and conditions of the Reverse Convertible Notes linked to Alcoa Inc. in the Pricing Supplement dated October 31, 2011.
- Confirm the settlement of the $840,000 principal amount on November 3, 2011.
- Review the full text of the legal opinions from Norton Rose OR LLP and Morrison & Foerster LLP regarding the validity of the Notes.
- Consult the Bank's Form F-3 (File No. 333-171806) for broader context on the shelf registration.