By Cristal Cody
Prospect News, Aug. 19 - The Royal Bank of Canada priced $50 million in a non-syndicated U.S. offering of 0.461% fixed-rate deposit notes due March 4, 2013 at par, according to final terms released Friday.
Credit Suisse Securities (Europe) Ltd. was the dealer.
The notes (Aa1/AA-/) were sold under the company's $40 billion securities issuance program.
Application has been made to list the notes on the London Stock Exchange effective Aug. 23.
The financial services company is based in Toronto.
| Issuer: | Royal Bank of Canada
|
| Amount: | $50 million
|
| Maturity: | March 4, 2013
|
| Securities: | Fixed-rate deposit notes
|
| Dealer: | Credit Suisse Securities (Europe) Ltd.
|
| Coupon: | 0.461%
|
| Price: | Par
|
| Pricing date: | Aug. 19
|
| Settlement date: | Aug. 23
|
| Ratings: | Moody's: Aa1
|
| Standard & Poor's: AA-
|
| Distribution: | Regulation S, Tefra D
|
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