Royal Bank of Canada (RBC) closed offerings of $3.25 billion aggregate principal amount of senior medium-term notes, Series J, consisting of $1.25 billion of 5.069% senior fixed rate/floating rate notes due 2027, $700 million of floating rate senior notes due 2027 and $1.3 billion of 4.969% senior fixed rate/floating rate notes due 2030.
RBC, with approximately C$2 trillion in assets, provides a broad range of retail banking, wealth management and investment banking products and solutions.
The S&C team advising RBC included Don Crawshaw, Ben Weiner, Spencer Nord and Trent Erickson. Jeff Hochberg advised on tax matters.