trending Market Intelligence /marketintelligence/en/news-insights/trending/8YylRcWj2a8AJD7XZ3upng2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Royal Bank of Canada issues 2 tranches of notes due 2023

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Royal Bank of Canada issues 2 tranches of notes due 2023

Royal Bank of Canada issued U$1 billion of 1.950% senior notes due Jan. 17, 2023, and U$850 million of senior floating-rate notes due Jan. 17, 2023.

The floating-rate notes will bear interest equivalent to the three-month U.S. dollar London interbank offered rate plus 36 basis points, which will be paid and reset quarterly. The three-month U.S. dollar Libor is subject to replacement in the case of a benchmark transition event and related benchmark replacement date.

The fixed-rate notes, which will pay interest semiannually, were issued at a price of 99.939%, with a reoffer yield of 1.971%.

RBC Capital Markets LLC, BofA Securities, Inc. and JP Morgan Securities LLC are the lead managers and joint book runners for both issuances. ANZ Securities Inc., BMO Capital Markets Corp., BNY Mellon Capital Markets LLC, Capital One Securities Inc., Comerica Securities Inc., Commonwealth Bank of Australia, DBS Bank Ltd., Desjardins Securities Inc., Fifth Third Securities Inc., Keybanc Capital Markets, nabSecurities LLC, National Bank of Canada Financial Inc., Regions Securities LLC, Santander Investment Securities Inc., Scotia Capital (USA) Inc., SMBC Nikko Securities America Inc. Standard Chartered Bank, SunTrust Robinson Humphrey Inc., The Huntington Investment Co., U.S. Bancorp Investments Inc., Westpac Capital Markets LLC, Academy Securities Inc. and R. Seelaus & Co. LLC are the co-managers.