Royal Bank of Canada issued $2.25 Billion in aggregate principal amount of Senior Global Medium-Term Notes (Series J) under its existing Form F-3 shelf registration to bolster funding.
The issuance consisted of three tranches maturing in November 2028 and November 2031:
- $750 Million: 3.995% Fixed/Floating Notes due 2028.
- $500 Million: Floating Rate Notes due 2028.
- $1.0 Billion: 4.305% Fixed/Floating Notes due 2031.
The filing included required legal opinions from US counsel (Sullivan & Cromwell LLP) and Canadian counsel (Norton Rose Fulbright). These opinions confirmed that the Note
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