trending Market Intelligence /marketintelligence/en/news-insights/trending/DjFZGWIhXpF7GPrKdO_Xug2 content esgSubNav
In This List

Royal Bank of Canada set to redeem subordinated debentures

Blog

Insight Weekly: Private equity slows; SPAC underwriters retreat; carbon capture boost

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines


Royal Bank of Canada set to redeem subordinated debentures

Royal Bank of Canada will redeem C$2 billion worth of subordinated debentures Dec. 6.

The debentures were set to mature Dec. 6, 2024.

The redemption covers all outstanding 2.99% subordinated debentures for 100% of their principal, including accrued interest to, but excluding, the redemption date. The redemption will be funded using general corporate funds.