RBC issues 5,000 warrants at USD 5.20 each
RY•Royal Bank of Canada is issuing 5,000 S&P 500 Index-linked put warrants at USD 5.20 each, with cash settlement scheduled for December 14, 2026.
1. Warrant terms
The warrants are scheduled for issuance on November 13, 2026, and automatic exercise applies on the November 30 valuation date, subject to an exercise-business-day adjustment. Each pays USD 1,000 multiplied by the greater of zero or 95% minus the final-to-initial index ratio; the initial index level is 7,717.05. An application seeks listing and trading on the Luxembourg Stock Exchange’s Euro MTF Market.
