Royal Bank of Canada Lists NOK 500 Million Notes on London Stock Exchange
Royal Bank of Canada has admitted NOK 500 million in callable senior notes due 2037 to trading on the London Stock Exchange's main market. The notes will consolidate with existing bonds.
Royal Bank of Canada has listed NOK 500 million in callable senior notes due June 24, 2037, on the main market of the London Stock Exchange. The notes carry a fixed coupon of 5.085 percent.
These newly admitted notes will be consolidated and form a single series with NOK 400 million of similar callable senior notes issued on June 24, 2026. The issuance is part of the bank's U.S.$75,000 million debt program.
The listing on a major international exchange like London's allows Royal Bank of Canada to access a broad base of institutional investors. The decision to issue in Norwegian kroner may reflect specific investor demand or opportunities in the European debt markets.
Royal Bank of Canada is one of Canada's largest financial institutions, offering a wide range of services including personal and commercial banking, wealth management, and capital markets.