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Published on 7/24/2013 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

Royal Bank of Canada pricing five-year senior notes Wednesday

By Andrea Heisinger

New York, July 24 - The Royal Bank of Canada is preparing to price five-year senior global medium-term notes (Aa3/AA-/) during Wednesday's session, a source close to the trade said.

The offering follows a $1.75 billion sale of three-year covered bonds on July 16.

The financial services company is based in Montreal.


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