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 May 19, 2011, for the month of May 2011. The filing serves to report 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 debt issuance rather than reporting periodic financial performance.
Material Changes and Issuance Details
The Bank issued $12,212,300 in Strategic Accelerated Redemption Securities linked to the S&P 500 Index. These securities are due on May 21, 2012. The filing incorporates legal opinions regarding the validity of the Notes under New York law and Canadian, Ontario, and Quebec law.
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 is a procedural filing to disclose the issuance of the Notes.
Key Facts for Investor Verification
- Issuance amount: $12,212,300.
- Security type: Strategic Accelerated Redemption Securities linked to the S&P 500 Index.
- Maturity date: May 21, 2012.
- Legal counsel opinions provided by Sullivan & Cromwell LLP (U.S.) and Ogilvy Renault LLP (Canada).
- The filing incorporates by reference into the Bank's Form F-3 registration statement.