Royal Bank of Canada Form 6-K Summary
Business Context and Reporting Period
This Form 6-K is a report of a foreign private issuer filed by Royal Bank of Canada for the month of December 2011, with a specific reporting date of December 23, 2011. The filing serves to incorporate information by reference into the Bank's registration statement on Form F-3 (File No. 333-171806) regarding the issuance of specific debt securities.
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 Securities Issuance
The primary material event disclosed is the issuance of Senior Global Medium-Term Notes, Series E. Specifically, the Bank issued Reverse Convertible Notes linked to the common stock of Netflix, Inc. The details of this issuance are as follows:
- Security Name: Reverse Convertible Notes Linked to the Common Stock of Netflix, Inc.
- Date of Pricing Supplement: December 20, 2011
- Date of Settlement: December 23, 2011
- Principal Amount: $600,000
Guidance, Outlook, and Legal Matters
The filing does not contain management commentary, guidance, or outlook regarding the Bank's future financial performance. It includes legal opinions as exhibits: Exhibit 5.1 contains an opinion from Norton Rose OR LLP regarding Canadian, Ontario, and Quebec law, and Exhibit 5.2 contains an opinion from Morrison & Foerster LLP regarding the validity of the Notes under New York law.
Key Facts for Investor Verification
- Verify the specific terms and risk profile of the $600,000 Reverse Convertible Notes linked to Netflix, Inc.
- Confirm the settlement date of December 23, 2011, for the Senior Global Medium-Term Notes, Series E.
- Note that this filing does not disclose the Bank's consolidated financial results for the period.
- Review the referenced Form F-3 (File No. 333-171806) for broader context on the Bank's shelf registration.