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Prospect News home > News index > List of issuers R > Headlines for Royal Bank of Canada > News item
Published on 2/14/2006 in the Prospect News Convertibles Daily.

RBC plans new series of principal-protected notes linked to Nikkei

By Jennifer Chiou

New York, Feb. 14 - RBC Financial Group is planning to price an issue of 0% principal-protected notes due Feb. 27, 2009 linked to the Nikkei 225 index.

Payout at maturity will be based on the average index performance on three observation dates: Feb. 26, 2007, Feb. 25, 2008 and Feb. 24, 2009.

RBC said it expects to price the notes on Feb. 23.

RBC Capital Markets is the underwriter for the new series of notes.


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