Royal Bank of Canada issued $3 billion in senior fixed rate/floating rate notes under its medium-term note program, with legal opinions confirming their validity under US and Canadian law.
Key takeaways
Issued $1.5B 4.400% Senior Fixed Rate/Floating Rate Notes due April 17, 2030.
Issued $1.5B 4.612% Senior Fixed Rate/Floating Rate Notes due May 3, 2032.
Notes issued pursuant to Senior Global Medium-Term Notes, Series J under $75B registration statement.
Sullivan & Cromwell LLP opined Notes are valid US/New York law obligations of the Bank.
Norton Rose Fulbright Canada LLP confirmed validity under Canadian law and Bank existence.
Pricing supplements filed April 14, 2026; issue date April 17, 2026.