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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 5/2/2014 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

RBC calls all C$600 million of 5.95% subordinated debentures due 2103

By Tali Rackner

Norfolk, Va., May 2 - Royal Bank of Canada plans to redeem all C$600 million of its 5.95% subordinated debentures due June 18, 2103, according to a notice.

The notes will be redeemed at par plus accrued interest on June 18.

The redemption will be financed with RBC's general corporate funds.

RBC is a Montreal-based financial services company.


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