Royal Bank of Canada issues €75 billion bond prospectus

Published 30/05/2025, 12:50
Royal Bank of Canada issues €75 billion bond prospectus

TORONTO - The Royal Bank of Canada (RBC) has published a 4th Supplementary Prospectus on Friday, related to its €75 billion Global Covered Bond Programme. The prospectus, which has been approved by the Financial Conduct Listing Authority, is part of an extensive financial instrument that RBC uses to raise capital.

The newly released document is an addition to the Base Prospectus dated July 16, 2024, and is supplemented by three previous supplementary prospectuses dated August 29, 2024, December 18, 2024, and February 28, 2025. This series of documents provides detailed information about the bond program and its terms.

The covered bonds, which are unconditionally and irrevocably guaranteed by RBC Covered Bond Guarantor Limited Partnership, are not registered under the United States Securities Act of 1933 and, as such, are not being offered in the United States or to U.S. persons. The securities are available only to offshore transactions for non-U.S. persons in compliance with Regulation S under the Securities Act.

Interested parties can access the full 4th Supplementary Prospectus and the documents incorporated by reference, which include RBC’s Second Quarter 2025 Report to Shareholders and the Investor Report dated April 30, 2025, through the National Storage Mechanism.

The announcement made by RBC emphasizes that the information contained within the prospectus is targeted at residents of specific countries, and should not be used or relied upon by individuals outside of these regions or to whom the offer is not addressed.

This financial move by RBC is part of its ongoing efforts to manage its capital requirements and funding strategy. The publication of the prospectus is based on a press release statement and provides investors with the latest information on the terms and conditions of the bond program.

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