New Issue: RBC prices $1.65 billion fixed-, floating-rate notes due 2019

By Aleesia Forni

Virginia Beach, March 4 - Royal Bank of Canada priced $1.65 billion of five-year notes (Aa3/AA-/AA-) in two tranches during Tuesday's session, according to two separate FWP filings with the Securities and Exchange Commission.

The sale included a $650 million tranche of floating-rate notes due 2019 priced at par to yield Libor plus 53 basis points.

A $1 billion tranche of 2.15% five-year notes sold at 99.926 to yield 2.158%, or Treasuries plus 63 bps.

RBC Capital Markets LLC, Credit Agricole Securities (USA) Inc. and Goldman Sachs & Co. were the joint bookrunners.

RBC is a Montreal-based financial services company.

Issuer:	Royal Bank of Canada
Issue:	Medium-term notes, series F
Amount:	$1.65 billion
Joint bookrunners:	RBC Capital Markets LLC, Credit Agricole Securities (USA) Inc., Goldman Sachs & Co.
Co-managers:	ANZ Securities, Inc., Capital One Securities, Inc., BofA Merrill Lynch, nabSecurities, LLC, National Bank of Canada Financial Inc., Natixis Securities Americas LLC, Standard Chartered Bank, SunTrust Robinson Humphrey, Inc., UBS Securities LLC, Wells Fargo Securities, LLC
Trade date:	March 4
Settlement date:	March 11
Ratings:	Moody's: Aa3
	Standard & Poor's: AA-
	Fitch: AA-
Floaters
Amount:	$650 million
Maturity:	March 15, 2019
Coupon:	Libor plus 53 bps
Price:	Par
Yield:	Libor plus 53 bps
Fixed-rate notes
Amount:	$1 billion
Maturity:	March 15, 2019
Coupon:	2.15%
Price:	99.926
Yield:	2.158%
Spread:	Treasuries plus 63 bps

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