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Prospect News home > News index > List of issuers R > Headlines for Royal Bank of Canada > News item
Published on 9/12/2012 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

RBC expected to price five-year covered bonds

By Andrea Heisinger

New York, Sept. 12 - The Royal Bank of Canada is planning to sell five-year covered bonds in the U.S. bond market, a market source said on Wednesday.

The bonds (Aaa/AAA) are expected to be registered with the Securities and Exchange Commission, the source said, which is rare for covered bonds.

Bookrunners are Morgan Stanley & Co. LLC, RBC Capital Markets LLC and RBS Securities Inc.

The financial services company is based in Toronto.


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