Royal Bank of Canada Issues EUR850 Million Floating Rate Notes
Royal Bank of Canada has issued EUR850,000,000 Floating Rate Senior Notes due August 2028, Series 79422, as part of its ongoing debt program. The issuance consists of two tranches.
Royal Bank of Canada announced the issuance of EUR850,000,000 Floating Rate Senior Notes, maturing in August 2028. This issuance, designated Series 79422, is part of the bank's established program for debt securities.
The notes are split into two tranches: EUR650,000,000 with a trade date of July 30, 2026, and EUR200,000,000 with a trade date of August 4, 2026. Both tranches share the same maturity date in August 2028.
The bank confirmed the publication of the prospectus related to these notes, a standard regulatory step for such debt issuances. This move aims to secure funding and manage the bank's capital structure.
As a major financial institution, Royal Bank of Canada regularly accesses capital markets to support its diverse operations, which include commercial banking, wealth management, and investment banking.