Royal Bank of Canada publishes prospectus for €75bn covered bond program

Published 28/08/2025, 13:16
Royal Bank of Canada publishes prospectus for €75bn covered bond program

TORONTO - Royal Bank of Canada announced Thursday it has published a supplementary prospectus for its €75 billion Global Covered Bond Programme, which has been approved by the Financial Conduct Authority in the UK.

The 1st Supplementary Prospectus, dated August 28, 2025, relates to the bank’s covered bond program that is unconditionally and irrevocably guaranteed as to payments by RBC Covered Bond Guarantor Limited Partnership.

According to the announcement, the supplementary prospectus and related documents have been submitted to the National Storage Mechanism and will be available for inspection through the Financial Conduct Authority’s data portal.

The bank noted that the information contained in the prospectus is targeted at residents of specific countries only and is not intended for use by persons outside these countries or those to whom the offer is not addressed.

The covered bonds have not been and will not be registered under the United States Securities Act of 1933 and may not be offered, sold or delivered within the United States or to U.S. persons. The bonds will only be offered in offshore transactions to non-U.S. persons in accordance with Regulation S under the Securities Act.

The supplementary prospectus incorporates by reference several documents, including RBC’s Third Quarter 2025 Report to Shareholders and an Investor Report dated July 31, 2025.

This information is based on a regulatory announcement published by Royal Bank of Canada.

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