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Royal Bank of Canada announced an offering of $1.5 billion of non-viability contingent capital subordinated debentures through its Canadian Medium Term Note Program. The Notes bear interest at a... | January 27, 2023
/CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: TSX) today announced an offering of $1.5 billion of non-viability contingent capital (NVCC) subordinated...
Share this article /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Jan. 21, 2021 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced an offering of $1 billion of non-viability contingent capital (NVCC) subordinated debentures ("the Notes") through its Canadian Medium Term Note Program. The Notes bear interest at a fixed rate of 1.67 per cent per annum (paid semi-annually) until January 28, 2028 and at the three-month Canadian Dollar Offered Rate plus 0.55 per cent thereafter until their maturity on January 28, 2033 (paid quart...